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TETHER The World’s First Stablecoin
TETHER
Company Overview.
Description.
Tether is the world's largest and most widely adopted stablecoin, having pioneered the concept in 2014. Founded by a group of Bitcoin enthusiasts, Tether enables the digital use of fiat currencies through blockchain technology. USDT is pegged 1-to-1 with the US dollar and is backed 100% by Tether's reserves. As the first blockchain-enabled platform for traditional currencies, Tether has become a foundational building block for the global crypto ecosystem, supporting cross-border transactions without the volatility of typical digital currencies. The company is led by CEO Paolo Ardoino, Chairman Giancarlo Devasini, CFO Simon McWilliams, and COO Claudia Lagorio.
Key Infrastructure.
Additional Features.
General Questions.
Tether issues USDT, the world's largest stablecoin pegged 1:1 to the US dollar. Founded in 2014, it pioneered the stablecoin concept and provides a bridge between fiat and crypto. All tokens are 100% backed by reserves including cash, cash equivalents, and other assets. Tether operates as a token issuer, not as a B2B infrastructure platform.
Tether serves all major cryptocurrency exchanges (Binance, Coinbase, Kraken), wallet providers, payment processors, merchants, and individual users globally. Any platform handling USDT is effectively a user of Tether's infrastructure.
Tether operates under various regulatory frameworks across jurisdictions but specific license details are not fully disclosed. The company maintains compliance in the jurisdictions it operates in.
Tether tokens (USDT, EURT, CNHT, XAUT, MXNT) are available on 15+ blockchains: Ethereum (ERC-20), Tron (TRC-20), Solana, Avalanche, Celo, Cosmos (Kava), Tezos, Ton, Aptos, Near, Polkadot, and Liquid.
