Tether today, April 14, announced the launch of Tether Wallet, a self-custody wallet designed for everyday use. According to the company’s description, the application supports USDT, USDA,
The development is Wallet Development Kit (WDK) It is an open source infrastructure designed to allow humans, machines, and AI agents to autonomously create and control wallets. According to the statement, the technology is intended to facilitate large-scale transactions between users and automated systems.
The new wallet allows you to send funds to your username in the format “@tether.me” using a single QR code, regardless of the network you use.
The new wallet works with the following networks:
- USDT, XAUT: Ethereum, Polygon, Plasma, Arbitrum.
- Used: Ethereum.
- BTC: Bitcoin and Lightning Network.
A feature of this new wallet is that fees are paid in the tokens or cryptocurrencies you send, regardless of the network you use.
The Wallet app can only be downloaded on Android and iOS devices.
According to the announcement, users maintain control of their private keys through a 12-word recovery seed. However, Tether Wallet offers an optional cloud encrypted backup service. As the company details on its website, the system creates encrypted backups, data is hosted on Tether’s servers, and decryption keys are stored in the user’s personal cloud service (Google Drive, iCloud, etc.).
Although Tether wallets are recommended for self-custody, This cloud backup introduces a shared storage component or a hybrid that changes its strictly sovereign nature.
“Tether has achieved the most widespread financial inclusion success story in human history,” said Tether CEO Paolo Ardoino. Ardoino also highlighted that this wallet eliminates the need to own gas tokens (ETH, TRON) to send assets such as USDT.
