Self-custody wallet Tether.wallet is now live! You no longer need to paste long addresses to make transfers—initial support for 4 types of coins.

Leading Stablecoin Tether Officially Launches Custodial Wallet tether.wallet, Expanding from Infrastructure Behind the Scenes to Consumer Applications. This “People’s Wallet” Will Significantly Lower the Barrier to Cryptocurrency Adoption.

From Behind the Scenes to the Front Stage, Tether Launches “People’s Wallet” to Realize the Vision of Inclusive Finance

Global stablecoin leader Tether announced on April 14th that it has officially launched its native custodial digital wallet application tether.wallet. This move signifies that the company, which has long played a behind-the-scenes role in blockchain infrastructure, is stepping into the consumer application market.

Tether CEO Paolo Ardoino stated that over 570 million people worldwide are currently using Tether’s technology. With the launch of tether.wallet, the company will deliver these robust financial infrastructures directly into end-users’ hands.

Over the past decade, Tether has primarily provided liquidity and settlement services behind the scenes for over 160 countries worldwide, especially targeting developing countries lacking traditional banking services or experiencing high inflation. Ardoino defines this new product as “The People’s Wallet,” emphasizing its original intention to make digital asset access and usage more user-friendly.

Image source: Tether Tether officially launches its native custodial digital wallet application tether.wallet

The development of digital assets has reached a new milestone. Tether aims to eliminate the long-standing complexities that hinder mass adoption of cryptocurrencies while preserving the core value of digital assets. This wallet not only serves human users but also prepares for the future emergence of hundreds of billions of autonomous machines and trillions of AI agents, enabling seamless transactions at the speed of light. With this launch, Tether is evolving from a foundational clearing protocol into a full-featured financial services platform, allowing users worldwide to fully control their assets without intermediaries.

Account Simplification and Fee Mechanism Innovation, Technological Breakthroughs to Reduce Transfer Friction

To enhance user experience, tether.wallet introduces several significant technological innovations that address the “friction” problem that confuses many newcomers in blockchain operations.

First, the system abandons the traditional blockchain’s lengthy and error-prone hexadecimal address strings, replacing them with human-readable identifiers such as “name@tether.me”. Users can directly transfer assets using these simple names, greatly reducing the irreversible errors caused by manual input or pasting addresses. This design makes digital asset transfers as intuitive as sending emails or messages, aligning with everyday user habits.

Image source: Tether tether.wallet abandons the traditional lengthy and error-prone hexadecimal address strings, adopting the “name@tether.me” format

Additionally, the wallet addresses the pain point of paying transaction fees. In most decentralized finance (DeFi) scenarios, users must hold the network’s native tokens (such as ETH or $POL) to pay gas fees before transferring stablecoins, which is a high barrier for many newcomers. tether.wallet allows users to pay network fees directly with the assets they are sending. When transferring $USDT , the system deducts an equivalent amount of $USDT as a fee from the transaction amount. This mechanism frees users from the burden of purchasing and reserving multiple network tokens, truly enabling seamless movement with a single asset.

Selected Asset Cross-Chain Support, Open-Source WDK Suite Linking to AI Transaction Vision

In terms of asset support, tether.wallet adopts a strategy of offering a few but highly valuable assets.

The initial support list includes Tether’s flagship stablecoin $USDT, the US-focused $USAT, the token $XAUT pegged to physical gold, and Bitcoin ($BTC). In terms of blockchain networks, the wallet currently integrates Ethereum, Polygon, Arbitrum, and Tether’s own Plasma network. For Bitcoin support, in addition to traditional on-chain transactions, it also fully integrates the Lightning Network, ensuring users can perform instant, low-cost small payments.

Tether states that after the initial release, support for more mainstream blockchains will continue to be added.

The technical foundation of this wallet is Tether’s open-source Wallet Development Kit (WDK). This modular toolkit not only supports human users but also makes it easier for developers, financial institutions, and AI agents to build custodial digital asset wallets without relying on centralized service providers.

In January this year, the video platform Rumble was the first to utilize this development kit to integrate $USDT and Bitcoin payment functions. Tether is committed to building an open and neutral financial system that enables the digital economy to operate across different devices and platforms, playing a core role in future intelligent transaction environments.

• Related news: No bank needed to receive money! Tether partners with video platform Rumble to launch an integrated crypto wallet

Upholding Custodial Security, Tether Strengthens Stablecoin Retail Payment Dominance

Security and autonomy are core principles of tether.wallet. The wallet adopts a fully custodial mode, meaning private keys and seed phrases are always controlled by the user. All transaction signing actions are completed locally on the user’s device, and Tether cannot access the user’s funds.

Additionally, the wallet offers cloud key backup options. While this has sparked discussions about security balance within the community, Tether emphasizes that its design goal is to maintain the advantages of custodial control while providing a simpler asset recovery method.

Tether CEO emphasized that the financial system should be open and free from intermediary interference. tether.wallet embodies the spirit of returning asset control to users.

According to data from DefiLlama, the current market size of $USDT has surpassed $184 billion, accounting for about 58% of the approximately $317 billion stablecoin market.

Image source: DefiLlama Tether holds about 58% of the stablecoin market share

With the launch of this wallet, Tether will directly compete with existing market players such as MetaMask, Trust Wallet, and Phantom. Additionally, Tether has been active recently, including developing the QVAC SDK designed for device-side AI, and successfully listing its gold token $XAUT on BNB Chain amid a 64% increase in gold prices by 2025.

By Q3 2025, Tether’s physical gold holdings will reach 116 tons, making it one of the largest non-sovereign gold holders globally. By combining stable value-backed assets with convenient retail tools, Tether is positioning itself comprehensively for the future digital payment landscape.

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