Tether’s $500B Valuation Could Make It 4th-Largest Financial Firm, Surpassing Bank of America

Tether’s latest funding round, valuing the company at $500 billion, could make it one of the biggest names in global finance. According to Messari, this would put Tether ahead of major institutions like Bank of America, ranking it as the fourth-largest financial services firm in the world. The milestone highlights the growing importance of stablecoins and crypto infrastructure. As the issuer of USDT—the most widely used stablecoin, Tether plays a central role in trading, payments, and DeFi. Reaching a $500 billion valuation shows that crypto-native companies are no longer niche players—they’re becoming major forces in the traditional financial world. It’s a clear sign of how digital assets are reshaping global finance, with firms like Tether redefining what it means to be a leading financial institution.