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Key Points
While Tether (CRYPTO: USDT) is not currently publicly traded, the company has an estimated valuation of $515 billion, which would rank it among the top 20 most valuable companies in the United States, just ahead of Mastercard.
Thanks to its massive holdings of more than $120 billion in T-bills, Tether now has the attention of the U.S. Treasury Department. And, increasingly, the company is also on the radar of investors, who are looking for ways to profit from the buzz around stablecoins.
Why is everyone talking about Tether right now?
Tether, the largest stablecoin issuer in the world, has been around since 2014, but it is only in the past year that Wall Street investors have really started...