Tether Seeking $500 Billion Valuation, Planning Comprehensive Audit by End of 2026

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Deep Tide TechFlow News, March 13 — According to Bloomberg, Tether Holdings SA CEO Paolo Ardoino recently delivered a speech in El Salvador, predicting global geopolitical chaos and the collapse of the monetary system, and stated that Tether is prepared for this. The company posted profits of over $10 billion last year, with only 300 employees, making it potentially the most profitable single-employee company in the world.

Tether has relocated its headquarters to El Salvador and is actively expanding into the U.S. market. In January this year, it launched a compliant new token, USAT, strengthened lobbying efforts in Washington, and is seeking external investors with a valuation of $500 billion. Currently, Tether holds over $100 billion in U.S. Treasury bonds, making it the 17th largest holder globally. Its portfolio covers more than 140 projects across crypto, payments, commodities, media, AI, and energy, and last year it purchased 70 tons of gold. Meanwhile, the company has faced ongoing criticism for USDT being used in illegal transactions involving the Iranian Islamic Revolutionary Guard Corps, but Tether states it has cooperated with law enforcement to freeze approximately $4 billion in tokens. The company plans to complete its first full audit by the end of 2026.

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