繫繩的5000億美元野心：估值，資金回合，對加密貨幣意味著什麼

繩索巨大的資金回合，有可能以5000億美元的價格評估這家Stablecoin巨頭。這可以重塑穩定的景觀，影響圈子的競爭並提出監管問題。

Tether's $500 Billion Ambition: Valuation, Funding Round, and What It Means for Crypto

繫繩的5000億美元野心：估值，資金回合，對加密貨幣意味著什麼

Tether, the behemoth behind USDT, is reportedly eyeing a funding round that could value the company at a staggering $500 billion. That’s right, half a trillion! If successful, this move could catapult Tether into the same league as tech giants like OpenAI and SpaceX. But what does this all mean for the crypto world?

據報導，USDT背後的龐然大物Tether正在關註一輪融資，該資金可能以驚人的5000億美元重視該公司。沒錯，半萬億！如果成功的話，這一舉動可能會與OpenAI和SpaceX等科技巨頭彈奏同一聯盟。但是，這對加密世界意味著什麼？

The Buzz: A Potential $20 Billion Funding Round

嗡嗡聲：潛在的200億美元資金回合

Rumor has it that Tether is in talks to raise between $15 billion and $20 billion by selling a slice of its equity (around 3%). Cantor Fitzgerald is supposedly advising on the deal. While these figures are still being negotiated, the sheer scale of this potential funding round is making waves. Think about it: a $500 billion valuation for a stablecoin issuer? That's some serious moolah!

有傳言說，勒恩（Tether）正在談判，通過出售一片股權（約3％）來籌集150億至200億美元。據稱，坎托·菲茨杰拉德（Cantor Fitzgerald）就這筆交易提供了建議。儘管這些數字仍在談判中，但這種潛在的資金回合的規模卻引起了海浪。考慮一下：Stablecoin發行人的價值5000億美元？那是一些嚴肅的穆拉！

Why the Hype? Tether's Profitability and Market Dominance

為什麼炒作？繫繩的盈利能力和市場優勢

Tether's financial performance is a major factor driving this interest. With a circulating supply of USDT worth over $170 billion, the company raked in a net profit of $4.9 billion in just one quarter. That's enough to make even Scrooge McDuck jealous. This profitability, largely fueled by returns from U.S. Treasuries, showcases Tether's ability to generate consistent revenue. It also maintains its lead in the stablecoin market, dwarfing competitors like Circle's USDC.

系特特（Tether）的財務績效是引起這一興趣的主要因素。該公司散發出價值超過1700億美元的USDT供應，僅在四分之一內獲得了49億美元的淨利潤。這足以使Scrooge McDuck嫉妒。這種盈利能力在很大程度上是由美國國債的回報推動的，它展示了Tether產生一致收入的能力。它還在Stablecoin市場中保持領先地位，使Circle的USDC等競爭對手相形見war。

The Competition: Circle's IPO and the Stablecoin Wars

比賽：Circle的IPO和Stablecoin戰爭

Speaking of Circle, the issuer of USDC recently went public. However, Circle's valuation is significantly lower than Tether's potential $500 billion. This funding round could further solidify Tether's dominance in the stablecoin arena, putting pressure on rivals to innovate and compete. The stablecoin market is becoming increasingly competitive, with Circle launching their IPO in June 2025. Tether is reportedly planning a U.S. based stablecoin, USAT, designed for the American market.

說到Circle，USDC的發行人最近公開了。但是，Circle的估值明顯低於Tether的潛在5000億美元。這一資金回合可以進一步鞏固Tether在Stablecoin競技場的統治地位，從而給競爭對手施加壓力，以進行創新和競爭。 Stablecoin市場越來越有競爭力，Circle於2025年6月推出了IPO。據報導，Tether正在計劃為美國市場設計的美國Stablecoin USAT。

A Word of Caution: Regulatory Scrutiny and Transparency

注意：監管審查和透明度

While the potential funding round is exciting, it also brings increased scrutiny. Tether has faced questions regarding the transparency of its reserves in the past. This move could be seen as an effort to align with regulators, especially with plans to launch a U.S.-regulated stablecoin. However, Tether will need to address these concerns to maintain trust and credibility in the long run.

雖然潛在的資金回合令人興奮，但它也帶來了增加的審查。 Tether過去對其儲備的透明度遇到了問題。這一舉動可以看作是與監管機構保持一致的努力，尤其是針對啟動美國監管的穩定的計劃。但是，從長遠來看，繫繩將需要解決這些問題，以保持信任和信譽。

My Take: A Bold Move with Potential Rewards and Risks

我的看法：大膽的舉動，具有潛在的獎勵和風險

This potential funding round is a bold move by Tether. It could solidify its position as a dominant player in the stablecoin market and open up new opportunities for growth and expansion. However, it also comes with risks. Increased scrutiny from regulators and the need to maintain transparency will be crucial for Tether's success. The fact that Tether is considering this move, despite previously stating they had "no plans" to raise capital, suggests a strategic shift. The cryptocurrency world is constantly evolving and investors and regulators will be paying close attention to how this all unfolds.

這種潛在的資金回合是繫繩大膽的舉動。它可以鞏固其作為Stablecoin市場中主要參與者的地位，並為增長和擴張提供新的機會。但是，它也帶有風險。監管機構的審查增加，維持透明度的需求對於束縛的成功至關重要。 Tether正在考慮這一舉動的事實，儘管此前曾表示他們沒有“沒有計劃”來籌集資金，這表明戰略性轉變。加密貨幣世界正在不斷發展，投資者和監管機構將密切關注這一切的發展。

The Bottom Line: Buckle Up, Crypto Fans!

最重要的是：加油，加密粉絲！

Whether or not this funding round goes through as planned, one thing is clear: Tether is making big moves. The stablecoin landscape is about to get even more interesting, and we're here for it. So, grab your popcorn and get ready for the next chapter in the crypto saga!

不管這一資金是否按計劃進行，一件事很明顯：繫繩正在做出大動作。 Stablecoin景觀即將變得更加有趣，我們在這里為此。因此，抓住您的爆米花，為加密傳奇中的下一章做好準備！