Tether (USDT) launches crypto wallet to bring stablecoin, bitcoin (BTC) payments directly to users
Summary
Tether, the issuer of the USDT stablecoin, has launched a new self-custodial crypto wallet called tether.wallet. This app allows users to hold and send USDT, USAT stablecoins, the gold-backed token XAUT, and bitcoin (BTC) across multiple blockchains. A key feature is the ability for users to pay transaction fees using the asset they are sending and the use of human-readable names instead of long wallet addresses for easier transactions. This move signifies Tether's shift towards a consumer-facing product, bringing its stablecoin network directly to users who previously interacted with it indirectly through exchanges. The wallet is built on Tether's Wallet Development Kit (WDK) and aims to facilitate seamless, fast transactions for a future with billions of users, machines, and AI agents. Tether CEO Paolo Ardoino described it as 'the People’s Wallet,' emphasizing its role in making the digital asset economy directly usable by anyone.
(Source:CoinDesk)