Summary
- SoftBank and Ark Invest are reportedly in talks to invest in the world's largest stablecoin Tether (USDT).
- Details such as investment size and terms have not yet been disclosed.
- The two companies are said to have focused on the stablecoin market's growth potential and Tether's dominant market share.
On the 26th (local time), according to financial breaking news channel Walter Bloomberg, Japan's SoftBank and U.S. Ark Invest are reportedly in talks to invest in the world's largest stablecoin, Tether (USDT).
Details such as the size of the investment and the terms have not yet been disclosed, but it is interpreted that the two companies have focused on the growth potential of the stablecoin market and Tether's dominant market share.
JH Kim
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