**[Tether May Delay Fundraising: $500 Billion Valuation Faces Market Test]** BlockBeats News, April 4 – Stablecoin issuer Tether is urging investors to participate in its new round of fundraising within the next two weeks, targeting a valuation as high as $500 billion. If market demand falls short, the company may opt to postpone its fundraising plans. This valuation would place Tether among the world's largest financial institutions, second only to JPMorgan Chase and surpassing Bank of America. Currently, its core product, USDT, has a market capitalization of approximately $184 billion, making it the largest stablecoin globally. Earlier reports indicated that Tether had considered raising $15 billion to $20 billion through private equity financing, with a valuation of around $500 billion. However, the company's CEO, Paolo Ardoino, stated that these figures were more hypothetical discussions. Nonetheless, he has repeatedly defended this valuation, claiming the company's profitability is comparable to high-growth industries like AI. In addition, Tether is advancing its auditing process. Reports suggest the company has hired KPMG to conduct the first comprehensive audit of USDT reserves, with PwC assisting in the preparation of internal systems. This move is seen as a significant step toward enhancing transparency. Market analysts believe that if the fundraising is successfully completed, it will further solidify Tether's position in the stablecoin sector and the broader financial industry. However, the high valuation could also become a key obstacle for investor decision-making.