According to The Information, Tether is finalizing a new funding round, with a target valuation of approximately $500 billion, and has requested potential investors to submit subscription commitments within the next two weeks. If this financing is successfully completed, Tether's valuation will rank among the highest-valued fintech companies globally. Previously, the market had reported multiple rumors about its funding scale and valuation, and the latest developments indicate that the financing is in its final stages.

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