According to @StockMKTNewz, citing Bloomberg, Tether Holdings is seeking to raise up to $20 billion at a $500 billion valuation, with the report noting this would put Tether on par with OpenAI’s private valuation (source: Bloomberg via @StockMKTNewz). Given USDT’s position as the largest stablecoin by market capitalization, traders should monitor stablecoin market share, exchange quote dominance, and market depth for potential liquidity impacts across BTC and ETH (source: CoinMarketCap; source: CoinGecko Exchange Review). Tether’s disclosures show reserves primarily in cash and U.S. Treasuries, making reserve composition and yield income key inputs for assessing USDT stability and potential market liquidity effects (source: Tether Transparency; source: BDO Assurance Report for Tether).