PANews reported on February 4th that, according to Cailian Press, stablecoin giant Tether is facing investor skepticism regarding its $500 billion valuation target. In response, the company intends to lower its fundraising target to $5 billion in its next round of financing. Tether CEO Paolo Ardoino stated that the initial target of $15 billion to $20 billion was a "misunderstanding," and the company is perfectly capable of achieving this even without raising funds.