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.
The wallet also uses human-readable @tether.me usernames, aimed at eliminating the need to interact with long wallet addresses. With some commentators highlighting the potentially “centralized” nature of such identifiers, it remains unclear whether they introduce any friction in terms of self-custody or security.
The launch marks…
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Source cointelegraph.com
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