Tether

About Tether

Tether Limited issues a family of stablecoins pegged to fiat currencies like the USD (USDT), EUR, CNH, and MXN, plus gold-backed XAU₮, enabling fast liquidity movement across blockchains for trading, DeFi, and payments. Founded in 2014 under iFinex, it dominates stablecoin markets with over 70% share and has expanded into bitcoin mining, AI, education, and U.S. operations via USA₮ launched in January 2026 under the GENIUS Act. Tokens operate on multiple blockchains with reserves claimed to fully back issuance, supporting global cross-border transactions without traditional banking delays.