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🔐 Tether scales back $20B capital raise plans following investor feedback

CEO Paolo Ardoino has downplayed the scale of the $185B stablecoin issuer's fundraising ambitions, according to the Financial Times. The company is retreating from its goal to raise up to $20 billion.

🔐 Tether scales back $20B capital raise plans following investor feedback.

CEO Paolo Ardoino has downplayed the scale of the $185B stablecoin issuer's fundraising ambitions, according to the Financial Times. The company is retreating from its goal to raise up to $20 billion.