Tether scales back $20B fundraising amid valuation pushback: report

Tether is pulling back from its plans to raise $20 billion as it faces opposition from investors regarding its valuation, reported Financial Times. The stablecoin issuer, which sits at the core of global digital asset trading, has been sounding out backers for fresh capital over the past year.

Source: invezz.com

Related symbols: USDTUSD