Tether launches crypto wallet for users

Tether has launched a new self-custodial crypto wallet, tether.wallet, enabling users to directly hold and send USDT, USAT, XAUT, and Bitcoin across multiple blockchains. This initiative represents a strategic shift for Tether, moving from primarily an infrastructure provider to offering a direct, consumer-facing application where users control their private keys. The wallet aims to simplify crypto payments, allowing transactions without intermediaries and enabling fee payments in the asset being sent. CEO Paolo Ardoino described it as the 'People's Wallet,' designed for seamless transactions between humans, machines, and AI agents.