Key Takeaways:

• Tether has launched a new wallet that lets users fully control their crypto without relying on third parties.
• The app supports Bitcoin, dollar-backed tokens, and gold-backed tokens in one place.
• Built-in features like no gas fee management and simple usernames make crypto easier and safer to use.

Tether, the company behind the world’s most widely used dollar-backed digital token, USDt (USDT), released its first consumer-facing crypto wallet on 14 April 2026.

Called Tether.wallet and branded “the people’s wallet,” the self-custodial app lets users store, send, and receive Bitcoin (BTC), digital dollars, and a gold-backed digital token — without handing control of their funds to any third party.

What Tether.wallet supports

The app holds four assets:

• USDT, the dollar-pegged stablecoin
• USAt (USAT), another dollar-backed stablecoin focused on the US-regulated market
• XAUt (XAUt), a gold-backed digital token, with each unit representing one troy ounce of physical gold held in secure vaults
• Bitcoin, the world’s most established cryptocurrency.

At launch, USDT and XAUT are available on the Ethereum, Polygon, Plasma, and Arbitrum blockchains. USAT is currently limited to Ethereum. Bitcoin is supported on both its main blockchain and the Lightning Network, a layer built on top of Bitcoin that helps process payments faster and at lower cost. Tether plans to add more blockchains after the initial rollout.

Learn More: What is a Public Address?

Features built to make crypto simpler

Two practical features distinguish Tether.wallet from most existing crypto wallets.

First, users do not need separate tokens to pay transaction fees. On most blockchains, sending crypto requires holding a small amount of another coin just to cover gas fees, which are network processing charges. Tether.wallet handles this automatically by deducting fees from the same asset being sent, removing the need to manage extra tokens.

Second, the wallet replaces long and complex wallet addresses — which are easy to get wrong — with a simple, email-style username such as “[email protected].” Since sending funds to the wrong address cannot be reversed, this feature helps reduce the risk of accidental and permanent loss.

Private keys are created and stored exclusively on the user’s device, never on Tether’s computers. The app is available on iOS and Android, with an optional encrypted cloud backup (a secure online copy) to help users recover account access if their device is lost.

Related: Tether Steps Up Transparency With First Full Check of USDT Reserves

From infrastructure to everyday product

Until now, Tether has mainly operated behind the scenes, providing payment and settlement (finalizing transactions) for crypto exchanges and businesses in over 160 countries. As of March 2026, the company said its technology is used by more than 570 million people worldwide.

Tether CEO Paolo Ardoino said the wallet is designed to remove the complexity that has slowed wider adoption of crypto assets. He added that sending money through the app should feel as simple as sending a text message, while still allowing users to retain full control of their funds.