Tether Launches Its Own Wallet: 570 Million Users Get a Self-Custodial Home

3 weeks ago 13

Rommie Analytics

Key Takeaways

  • tether.wallet launches as self-custodial software wallet.
  • Supports USDT, USA₮, XAU₮, and Bitcoin with Lightning.
  • Human-readable [email protected] IDs replace complex wallet addresses.
  • Gasless transactions eliminate need for separate network tokens.

The Launch

Tether launched tether.wallet on April 14, a self-custodial software wallet marking the company’s first move from stablecoin issuer to direct consumer product. Private keys stay on the device, transactions are signed locally, and users hold their own recovery phrases. The supported asset list reflects what Tether has built over the past decade: USDT and USA₮, the latter a federally regulated stablecoin, cover the dollar side, XAUT covers gold, and Bitcoin is supported both on-chain and through the Lightning Network. Four assets, one app, no custodian bet...

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