Tether Backs Off $20 Billion Funding Ambitions After Investor Pushback, FT Reports
Tether, the issuer of the widely used USDT stablecoin in the cryptocurrency world, has scaled back its ambitious funding plans after major investor pushback, according to a Financial Times report. The company’s decision reflects a growing debate in the digital asset ecosystem about high valuations, investor confidence, and the challenges of raising capital in a complex regulatory landscape.
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