The brief
- Reported more than $13B profit for 2024, mostly interest on US Treasuries.
- Launched USAT for US users under the GENIUS Act in Jan 2026.
- Sought to raise money at a ~$500B valuation in 2025-2026, later shrinking the raise.
Programs
Tether, two programs
Updated 13 Aug 2026USDTTether's offshore dollar stablecoin, backed mostly by US Treasury bills plus gold, bitcoin and secured loans. Issued on many blockchains.ScalingUpdated 13 Aug 2026View program →USATA dollar stablecoin for the US, built to follow the GENIUS Act and issued through federally chartered Anchorage Digital Bank.DeployNextUS exchange and payment integrationsUpdated 5 Feb 2026View program →
Research · Proto · Pilot · Deploy · Scaling
Peers
Company & funding
- HQ
- SV
- Founded
- 2014
- Website
- tether.to (opens tether.to)