Tether Introduces Self-Custody Wallet for Direct Access to Global Payments

Tether has introduced tether.wallet, a self-custody digital wallet that integrates users directly into its global payment network. This new product aims to bring financial services directly to users' hands, rather than remaining a behind-the-scenes provider of stablecoin infrastructure.

The wallet supports Tether's USDT, XAUT, and USAT tokens, as well as Bitcoin, across multiple blockchains, including Ethereum, Polygon, Arbitrum, and Tether's Plasma network. Fees for transactions can be paid in the same asset being sent, eliminating the need to manage separate gas tokens.

Tether's CEO, Paolo Ardoino, has stated that the goal of tether.wallet is to enable users to send value as easily as sending a message, without relying on intermediaries or giving up control of their assets. This fully self-custodial model retains private keys and recovery phrases with the user.