Tether, issuer of the most popular stablecoin USDT , rolled out Tuesday a self-custodial crypto wallet aimed at putting its stablecoin network directly in users’ hands, aiming to make crypto payments as easy as sending a message.
The new app, called tether.wallet, allows users to hold and send USDT and USAT (USAT) stablecoins, gold-backed token XAUT (XAUT) and bitcoin across multiple blockchains. It removes common friction points by letting users pay transaction fees in the asset they send and by replacing long wallet addresses with human-readable names like “[email protected].”
The move is notable for Tether because it marks a shift to a consumer-facing app from being an intermediary in crypto payments issuing the…
