SoftBank and Ark Invest are in early talks to invest up to $20 billion in Tether

SoftBank and Ark Invest are now in talks to back Tether in the massive deal that would push the crypto giant’s valuation to $500 billion, according to Bloomberg. What matters here is that Masayoshi Son and Cathie Wood are seriously considering writing huge checks for Tether, the company behind the world’s biggest stablecoin, USDT.