{"id":737411,"date":"2026-07-07T01:05:15","date_gmt":"2026-07-06T22:05:15","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/former-tether-cio-seeks-to-sell-stake-in-stablecoin-issuer-bloomberg-reports\/"},"modified":"2026-07-07T01:05:15","modified_gmt":"2026-07-06T22:05:15","slug":"former-tether-cio-seeks-to-sell-stake-in-stablecoin-issuer-bloomberg-reports","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/former-tether-cio-seeks-to-sell-stake-in-stablecoin-issuer-bloomberg-reports\/","title":{"rendered":"Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/sponsor-screen-traid-bnb-chain.png\" alt=\"Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports\" class=\"type:primaryImage\"><\/p>\n<p>The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.<\/p>\n<p>Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing people familiar with the matter.<\/p>\n<p>Heathcote stepped down as Tether&#8217;s chief investment officer in March to take an advisory role after overseeing the stablecoin issuer&#8217;s investment portfolio. Bloomberg <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-07-06\/tether-s-former-cio-plans-sale-of-stake-in-stablecoin-giant\" rel=\"noopener noreferrer\" target=\"_blank\">reported<\/a> the planned sale involves only part of his 1.26% ownership stake.<\/p>\n<p>Tether issues USDt (USDT), the world&#8217;s largest stablecoin by market capitalization. With a circulating supply of roughly $184 billion, USDT accounts for roughly 59% of the stablecoin market, according to DefiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/stablecoins\" rel=\"noopener noreferrer\" target=\"_blank\">data<\/a>.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/former-tether-cio-seeks-to-sell-stake-in-stablecoin-issuer-bloomberg-reports?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs. Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing people familiar with the matter. Heathcote&#8230;<\/p>\n","protected":false},"author":1,"featured_media":737412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/sponsor-screen-traid-bnb-chain.png","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-737411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/737411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=737411"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/737411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/737412"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=737411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=737411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=737411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}