$500 billion valuation? Stablecoins are about to "rewrite the rules." The stablecoin giant is quietly pushing forward with a major move: a new round of funding targeting a valuation soaring to $500 billion. If successful, its size will rival top traditional financial players, even surpassing many established banks. But the focus isn't on the "valuation," rather on these key points: USDT already dominates the market's core liquidity (approximately $184 billion market cap), is undergoing a comprehensive audit to improve transparency, and is increasing profitability. It is being compared to high-growth industries. In other words: stablecoins are shifting from being mere "tools" to becoming "rule makers." However, the $500 billion valuation isn't something everyone dares to accept. If the funding cools off, the momentum could change at any time.