Tether has launched a new self-custodial crypto wallet, tether.wallet, allowing users to hold and transfer Bitcoin, USAT, USDT, and gold-backed XAUT directly across multiple blockchains.
The new application enables users to send digital dollars and tokenized gold without intermediaries or the need for gas tokens. According to CoinDesk, the launch represents a strategic shift for the company from being a backend infrastructure provider to a direct, consumer-facing service.
Users of the new app will control their own private keys and sign transactions on their own devices. Tether reported that while more than 570 million users currently interact with its technology through exchanges and payment rails, this new interface provides a direct connection to the ecosystem.
A vision for machine-to-machine commerce
Tether CEO Paolo Ardoino described the application as "the People’s Wallet." He stated that the tool "truly reflects the natural evolution of Tether’s role, from building the foundation of the digital asset economy to making it directly usable by anyone, ready for a future in which tens of billions of humans, machines, and trillions of AI agents will transact seamlessly at the speed of light."
The development builds upon Tether’s Wallet Development Kit (WDK), an open-source toolkit used by third-party developers. One existing example is the Rumble wallet, which utilizes Tether's infrastructure to facilitate peer-to-peer transfers and creator payments.
The company's focus includes supporting new payment flows, specifically machine-to-machine commerce driven by AI agents. While Tether is expanding its footprint, other major players in the payment space remain cautious about the regulatory landscape. When asked about plans to launch its own stablecoin, Visa stated, ‘it's so early and the computing rules haven't even been fully written yet,’ according to CoinDesk.
