Tether's secondary market valuation reaches $350 billion to $375 billion, and executives' net worth may rank among the world's wealthiest.

GateUser-6433627c · 2026-02-27T12:16:38+00:00

According to Forbes, the trading valuation of stablecoin issuer Tether is between $350 billion and $375 billion, which will greatly increase shareholder wealth. Tether's profit last year was about $10 billion, with reserve assets mainly in U.S. Treasury bonds, and it is expanding into the U.S. market by launching the compliant stablecoin USAT.

GateUser-6433627c

2026-02-27 12:16:38

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On February 27, according to Forbes, stablecoin issuer Tether’s recent trading valuation in the secondary market ranges from $350 billion to $375 billion. Based on this range, the company’s core shareholders’ wealth could significantly increase. Forbes currently estimates Tether’s valuation at approximately $200 billion, based on market interviews (up from $50 billion a year ago). Using this valuation: CFO Giancarlo Devasini (holding about 44–45%) has a net worth of approximately $89 billion; CEO Paolo Ardoino and former CEO Jean-Louis van der Velde (each about 19%) have a combined net worth of around $38 billion; General Counsel Stuart Hoegner (about 12%) has a net worth of approximately $25 billion.

At a $350 billion valuation, Devasini’s share value would exceed $156 billion, surpassing Warren Buffett’s current net worth of about $147.8 billion.

In terms of operational data: Tether’s (unaudited) profit last year was about $10 billion; USDT market cap is approximately $184 billion; over 80% of reserve assets are in U.S. Treasuries and short-term securities; it holds about $23 billion in gold and $6.4 billion in Bitcoin; its venture capital portfolio includes over 120 companies with a scale exceeding $10 billion.

Additionally, Tether is accelerating its expansion into the U.S. market, launching a compliant stablecoin USAT, and appointing former White House crypto affairs head Bo Hines as U.S. CEO. As competition among stablecoins intensifies and U.S. regulation tightens, this round of funding is also seen as an important move to enhance institutional credibility and policy influence.

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