Tether has launched Tether.Wallet, a new self-custodial digital wallet designed to simplify cryptocurrency use for its vast user base. The wallet supports assets including the firm’s flagship USDT stablecoin, the gold-backed XAUT, its U.S.-focused USAT, and Bitcoin across multiple blockchain networks. It features a simplified interface allowing users to send funds using email-like identifiers instead of complex addresses, with transaction fees paid directly in the asset being sent.
Tether launched its self-custodial digital wallet, Tether.Wallet, on Tuesday. It supports the company’s stablecoins and other assets across multiple networks.
The wallet supports USDT and XAUT across Ethereum, Polygon, Plasma, and Arbitrum. It also supports USAT on Ethereum and Bitcoin on both mainnet and the Lightning Network. Users can send funds using human-readable identifiers instead of wallet addresses. Transaction fees are paid directly in the asset being transferred, eliminating the need for separate gas tokens.
The platform is built on Tether’s open-source Wallet Development Kit. The company projects tens of millions of new wallets could be added per quarter. Tether CEO Paolo Ardoino stated the goal is to remove complexity preventing broader adoption.
“With more than 570 million people already using Tether’s technology, the next step is making that digital infrastructure even more accessible and usable by the end users,” Ardoino said. “Users should be able to send value as easily as sending a message, without relying on intermediaries and without giving up control of their assets.” He referred to the wallet as “the People’s Wallet” and suggested it prepares for a future with billions of human and AI users.
The wallet launch is Tether’s most direct move into end-user infrastructure. It could position the firm to compete with established crypto wallet providers. Tether is the world’s largest stablecoin issuer, with USDT valued at nearly $185 billion. The company also issues Tether Gold (XAUT), which represents physical gold, and launched USAT earlier this year.
