SAEDNEWS: Tether Introduces tether.wallet, a Non-Custodial App Offering Financial Services to Users
According to the digital currency news service of Saed News, Tether—the issuer of the world’s largest stablecoin, USDT—is working toward developing a non-custodial wallet. This wallet is designed to provide users with direct payment services rather than acting merely as a passive layer in the crypto market.
The application, known as tether.wallet, aims to target billions of users in traditional financial systems. Tether has claimed that its network already reaches more than 570 million people worldwide.
So far, this infrastructure has mainly functioned as a tool for liquidity, settlement, and crypto payments. The new Tether wallet is also focused on a limited set of assets, including dollar-backed stablecoins such as USDT and USAT, as well as Tether Gold and Bitcoin.
Through this wallet, users will be able to transfer funds using human-readable identifiers instead of wallet addresses. Tether CEO Paolo Ardoino stated that the goal of tether.wallet is to make digital assets as easy to send as messages, with no intermediaries involved.
Transaction fees may be paid directly from the transferred asset itself, eliminating the need for a separate gas token. Private keys will remain under the user’s control, and all transactions will be signed directly on the device.
In recent months, Tether has also open-sourced parts of its wallet development, aiming to make non-custodial wallets available to both humans and AI agents. This aligns with Ardoino’s vision that financial activities will no longer be limited to humans alone.
