The stablecoin issuer Tether today announced the launch of tether.wallet, a self-custodial digital wallet that will put its payments infrastructure directly for the user benefits, rather than operating solely with the aim of improving crypto payments.
Tether announces self-custodial wallet to make crypto easier to use
Self custodial wallets have been in the markets for a while now, with Industry Giants like Coinbase, Binance and others, despite 41% of the cryptocurrency wallets being custodial as per reports.
Tether has been working on the mission to bring financial inclusion to its users, something that many organizations focussed on establishing with onboarding financial institutions on the blockchain technology.
“As of March 2026, Tether’s technology is used by more than 570 million people globally, with adoption continuing to accelerate across emerging and developed markets alike, at the pace of tens of millions of new wallets added per quarter,” their official report said.
People’s wallet, real-world crypto payments
Tether’s tether.wallet, is called the “People’s Wallet” as it looks to move beyond just powering the backend of crypto markets to something people can actually use day to day. They are working towards making digital assets feel less technical and more like a normal payment tool—something that could eventually be used by billions, including automated systems and AI.
The stablecoin issuer is shifting from an infrastructure powering liquidity and settlement across payments, to a user-first interface. The technology is designed to eliminate the technical complexity that has limited the adoption of the ecosystem. Users can send funds simply by using a human-readable identifier such as ‘name@tether.me’, eliminating the need to interact with long, unrecallable addresses.
Open-source tech at the core
The wallet is built on Tether’s open-source Wallet Development Kit (WDK), which lets developers and users create and manage their own self-custodial wallets. In plain terms, it gives people full control over their funds while also making it easier to build new tools on top of it.
The WDK is built in a way for both humans, AI and machines to use or control their wallets enabling any future transactions to be made at the speed of light.
“Whether you’re building for today’s users or tomorrow’s AI-driven world, WDK by tether is your foundation,” the platform said about its services.
Support for major networks from initial days
At the launch, tether.wallet is reportedly supporting USDT and XAUT across Ethereum, Polygon, Plasma, and Arbitrum. USAT is claimed to be available on Ethereum, while Bitcoin can be used both on-chain and through the Lightning Network for quicker transactions.
One of the main focuses is keeping things simple. The app automatically shows balances and available networks, so users don’t have to think too much about what’s happening behind the scenes.
Meanwhile, Tether also shared their plans to add more blockchains to their wallet access over time, which should expand how and where the wallet can be used.
