Gm ☕️

Tether is reportedly raising $20B at a staggering $500B valuation, putting it neck-and-neck with OpenAI as the world’s most valuable private company.

At the same time, the CFTC has green-lit stablecoins as collateral in U.S. derivatives markets, a huge step toward deeper institutional adoption.

If true, this would mark a turning point:

Stablecoins moving from crypto rails to core U.S. financial infrastructure

Tether positioning itself not just as a market giant, but a systemic player

The implications for global liquidity, derivatives trading, and the balance of power between TradFi and DeFi are enormous.