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Crypto
Tether unveils consumer self-custody wallet supporting USDT and bitcoin transfers
Tether has launched a self-custody wallet, Tether Wallet, that supports USDT, bitcoin and tokenised gold. The company said it aims to reach billions of users excluded from the traditional financial system and to put payment infrastructure directly in users’ hands. The wallet supports a limited set of assets and lets users send funds via human-readable identifiers. It also lets users pay fees with the transferred asset and runs on multiple networks including Ethereum and Bitcoin Lightning.
Crypto
Tether plans to hire 150 over next 18 months as expansion accelerates
Tether is accelerating global expansion by deploying profits from its stablecoin business into talent recruitment, technology development and strategic investments. It has raised its workforce to 300 and plans to hire 150 more people over the next 18 months, mainly engineers, while also filling non-engineering roles. The push comes alongside rising USDT adoption and a jump in market value from $140 billion to $185 billion over the past year.
Crypto
Tether and Rumble launch crypto wallet, aim to use crypto in creator economy
Tether, issuer of the USDT dollar stablecoin, has partnered with video platform Rumble to introduce a non-custodial cryptocurrency wallet, Rumble Wallet, Cointelegraph reported on Jan. 7. The wallet supports USDT, Tether Gold (XAUt) and bitcoin, allowing users to directly support Rumble creators with cryptocurrency. Tether CEO Paolo Ardoino said financial independence is essential for free content creation. Tether also provides on- and off-ramp services via MoonPay.