Tether’s record valuation and expanded U.S. market ambition coincide with rising regulatory urgency and Ethereum’s scaling roadmap, signaling pivotal shifts in the crypto industry landscape.
Tether’s secondary market valuation has reached $375 billion, potentially making its largest shareholder wealthier than Warren Buffett, with Forbes still estimating the company’s worth at $200 billion. CFO Giancarlo Devasini’s stake could exceed $156 billion at the peak valuation. The company reported $10 billion profit in 2023 and launched USAT to expand into the U.S. market. In parallel, SEC Chair acknowledged the U.S. missed a key window for crypto regulation and is now accelerating rule modernization. Ethereum co-founder Vitalik Buterin outlined scaling plans focused on gas optimization and phased ZK-EVM deployment to improve network efficiency.