Tether CEO: If Tether goes public, its market value will exceed that of Coca-Cola and Costco

Tether CEO Paolo Ardoino retweeted on the X platform that if Tether goes public, the company's market value will reach $515 billion, making it the 19th largest company in the world, surpassing Costco and Coca-Cola. While the figure is impressive, considering the current Bitcoin + gold reserves (which are still increasing) might be a bit optimistic, Tether hopes to remain humble and is very excited about the next phase of the company's development.

Tether's goal is to launch a large hedging tool aimed at addressing social instability, which is why the company's ERP (equity risk premium) is negative.