Tether Scales Back Fund Plan: TON Technical Analysis

Tether's Fundraising Target is Changing

Tether, the issuer of the largest stablecoin by market cap USDt, reduced its $20 billion fundraising plan announced last fall due to investor skepticism. Company advisors suggested lowering the target to as low as $5 billion; Financial Times reported this on Wednesday citing anonymous sources. Tether CEO Paolo Ardoino denied the reports, stating that the $15-20 billion figure is not a target but a maximum sales amount, and expressed that they would be satisfied even with zero sales.

Tether has not abandoned its $500 billion valuation target, but investors are skeptical of this figure. Ardoino defended the company's profits by comparing them to AI platforms like OpenAI, stating that $10 billion in profit was achieved in 2025, representing a 23% decrease from the previous year. USDt's market cap is $185 billion, XAUt at $3.6 billion; the company reported 130 metric tons of physical gold reserves at the end of January.

Tether CEO on Wednesday highlighted the growth of USDT-based stablecoin USDT0. Source: Paolo Ardoino

TON Technical Outlook and Support Levels

Tether stablecoins are heavily used in the TON ecosystem; click for TON detailed analysis. TON price is currently at $1.39, 24-hour change +1.68%. RSI at 34.76 in oversold territory, overall trend bearish and Supertrend giving bear signal. EMA 20: $1.4968.

• Supports: S1 $1.2500 (Strong, 71% score), S2 $1.3781 (Strong, 70% score)
• Resistances: R1 $1.4302 (Strong, 64% score), R2 $1.4880 (Strong, 64% score)

Last week, USAt stablecoin was launched via Anchorage Digital Bank under the GENIUS Act for the US market and reached a market cap of $20 million. Check TON futures for TON futures.

Tether USDT0 Growth's Impact on TON

While Ardoino emphasized USDT0's growth, USDT integration on the TON blockchain is increasing. Investors are closely monitoring stablecoin reserves; TON detailed analysis is recommended.