Tether, the cryptocurrency heavyweight renowned for its stablecoins pegged to fiat currencies and gold, has launched a self-custodial digital wallet, marking a bold step towards empowering users with greater control over their digital assets.
Stablecoins, designed to maintain a stable value by being linked to assets like the US dollar or gold, have gained immense popularity in the crypto sphere. Tether stands as a major player in this arena, offering several prominent stablecoins:
- USDT: The world’s largest stablecoin boasts a market capitalisation of $184.7 million. Tether’s need to back USDT with liquid assets has propelled it to become a significant holder of US debt, including short-term US Treasuries.
- XAUT: Backed by substantial gold reserves, Tether has emerged as one of the largest non-sovereign gold holders globally. XAUT leads the gold token market with a market cap of $2.6 billion. As of December 31, 2025, XAUT custodians held 520,089.350 fine troy ounces of gold.
According to Tether, their technology serves over 570 million individuals across more than 160 nations, with tens of millions of new wallets being added each quarter.
Responding to the growing demand for enhanced security in digital asset management, Tether has introduced its digital wallet, designed to put users firmly in control.
The self-custodial wallet, known as tether.wallet, brings Tether’s global financial infrastructure directly to its users, the company stated.
The wallet supports a range of digital assets:
- USDT
- XAUT
- BTC
- USDt
Tether plans to incorporate further blockchains into the wallet following its initial release.
The wallet streamlines transactions by allowing users to send funds using a simplified identifier, such as name@tether.me, eliminating the need for complex wallet addresses. Users can also complete transactions without holding separate network or gas tokens, with fees being paid directly in the asset being transferred.
As a fully self-custodial wallet, tether.wallet ensures:
- Complete user control: Users have exclusive control over their private keys and assets.
- Enhanced security: Advanced security measures protect against unauthorised access.
- Simplified transactions: User-friendly interface and streamlined processes.
