what's Tether Wallet?

Tether Wallet, also known as tether.wallet or "The People's Wallet," is a fully self-custodial mobile application designed for seamless management of digital assets in everyday financial activities like remittances, payments, and wealth storage. It simplifies user experience by eliminating complex blockchain addresses through human-readable @tether.me usernames, enabling instant sends and receives across supported networks via a single QR code. Built on Tether's open-source Wallet Development Kit (WDK), it prioritizes accessibility for billions underserved by traditional finance, particularly in emerging markets. The wallet supports key assets including USD₮ and USA₮ (digital dollars backed 1:1 by reserves), XAU₮ (gold-backed token), and Bitcoin (on-chain and Lightning Network for faster transfers). It features gasless sending for stablecoins/gold (fees paid from transferred asset, no need for separate gas tokens), automatic network abstraction to show unified balances, on-device transaction signing, and secure cloud backups (encrypted recovery). Networks include Ethereum, Polygon, Arbitrum, Plasma, with expansions planned; recovery via 12-word phrase or cloud login ensures user sovereignty.

Tether Wallet launched a wallet product.