Tether launches self-custodial wallet with cloud backup option

Tether launches tether.wallet, a self-custodial app supporting USDT, XAUT, USAT and Bitcoin with cloud-based key backup features.

Tether, the company behind the world’s largest stablecoin, USDt (USDT), has launched a self-custodial wallet called tether.wallet.

Tether.wallet supports three Tether-issued assets: USDT, XAUt (XAUT) and the US-focused USAT (USAT), as well as Bitcoin (BTC), the company announced Tuesday.

Tether said the wallet allows users to transact without requiring them to hold separate network or gas tokens, with fees paid directly in the asset being transferred.

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