Tether Launches Self-Custodial Digital Wallet

Tether, the issuer of the world's largest stablecoin USDT, has launched tether.wallet, a self-custodial digital wallet aimed at simplifying access to digital assets for users worldwide. The application, built on Tether's open-source Wallet Development Kit, supports USDT, Bitcoin, and gold-backed token XAUT, along with additional stable assets such as USAT, across multiple blockchain networks including Ethereum, Polygon, Arbitrum, and Bitcoin's on-chain and Lightning Network.

The wallet represents Tether's shift from providing backend infrastructure for liquidity and settlements to offering a direct consumer product. Previously focused on supporting exchanges and developers in more than 160 countries, Tether now enables individual users to manage these assets without intermediaries. The company, which reports reaching over 570 million users globally and adding tens of millions of new wallets each quarter, positions the launch as a step toward broader financial inclusion, particularly in high-inflation and developing economies where traditional banking access remains limited.

Key features address common barriers in cryptocurrency use. Users can send and receive funds via...