$USDT Tether, the issuer of the stablecoin USDT, is studying the option to tokenize its shares on the blockchain following a potential stock offering, in a move aimed at providing liquidity to investors and preventing them from selling their shares at discounts before the offering.
The company aims for a valuation that could reach 500 billion dollars, with expected profits of around 15 billion dollars this year, while the circulating supply of USDT is approximately 186 billion dollars.
This step comes amid the expansion of the market for tokenizing real assets, although its size remains relatively limited at around 18 billion dollars globally.
Tokenization may give Tether greater flexibility, faster trading, and lower costs, reflecting a growing trend to integrate traditional finance with blockchain technologies.#Binanceholdermmt #USCryptoStakingTaxReview