✅Tether Discusses Scaling Back Fundraising Plans 🔍 Key Summary • Tether significantly scales back the fundraising plan under consideration • Maximum target of $2 billion → actual possibility of approximately $0.5 billion • Market skepticism surrounding the $500 billion valuation • Tether maintains its stance on maintaining its valuation ❓ Why the discussion of scaling back? • Growing investor concern over valuation • Questions about the risks and realism of the high valuation ✅Tether's Position • $500 billion valuation is a "maximum cap" • Actual target can be adjusted based on market reaction • CEO emphasizes Tether's profitability and market influence ✅Tether's Current Status • World's Largest Stablecoin Issuer • Continues to Serve as a Key Infrastructure for USDt-Based Liquidity 🔸 Cointelegraph Article #Tether #USDT #Tether #Fundraising