According to @HenriArslanian, Tether is targeting a $500 billion valuation, Morgan Stanley will allow clients to trade crypto, and the CFTC will accept stablecoins as collateral, as outlined in his Sept 28, 2025 post and newsletter. source: https://x.com/HenriArslanian/status/1972314643042390116, https://bit.ly/4ntVxEq For USDT positioning, traders should track changes in USDT circulating supply, reserves, and issuance to validate whether growth aligns with a higher corporate valuation, and adjust BTC and ETH risk accordingly if stablecoin float expands. source: https://transparency.tether.to/ For brokerage flow impact, if Morgan Stanley activates crypto access, monitor official confirmation and watch BTC and ETH spot and futures volumes during US cash hours on regulated venues to gauge liquidity and spread shifts. source: https://www.morganstanley.com/press-releases, https://www.cmegroup.com/markets/cryptocurrencies.html For derivatives margin dynamics, if the CFTC permits stablecoins as collateral, monitor rulemaking and acceptable collateral schedules at major DCOs and clearinghouses to assess funding mix changes and basis implications for BTC and ETH strategies. source: https://www.cftc.gov/PressRoom/PressReleases, https://www.cmegroup.com/clearing/financial-and-collateral-management/acceptable-collateral.html, https://www.theice.com/clearing Until official notices are published, treat these items as pending and size positions based on confirmation risk while keeping a watchlist tied to the above primary sources. source: https://x.com/HenriArslanian/status/1972314643042390116, https://www.morganstanley.com/press-releases, https://www.cftc.gov/PressRoom/PressReleases, https://transparency.tether.to/

According to Crypto Rover, Tether CEO has publicly stated there are no plans for an IPO, while also describing a proposed $515 billion company valuation as 'a bit bearish' (Source: Crypto Rover, June 8, 2025). This announcement removes short-term speculation around a Tether public listing, which could have triggered significant volatility in the stablecoin sector and broader crypto markets. Traders should note that the absence of IPO plans may stabilize USDT demand and trading volumes, while the CEO’s confidence in a higher valuation signals continued bullish sentiment for Tether’s market dominance and the stablecoin ecosystem.

According to Paolo Ardoino (@paoloardoino), Tether has reached a $515 billion valuation, which he describes as significant yet potentially conservative given the company's expanding Bitcoin and gold treasury. This robust financial position reinforces Tether's stability and liquidity, assuring traders of USDT's reliability as a stablecoin during volatile crypto market conditions. The ongoing growth of Tether's reserves could enhance market confidence, support larger trading volumes, and influence liquidity flows across major cryptocurrencies (source: Paolo Ardoino on Twitter, June 7, 2025).