Tether
Tether issues fiat-backed stablecoins, notably USD₮, and operates verticals spanning finance, energy, data, education and emerging technologies such as AI.
Tether, founded in 2014 by Bitcoin enthusiasts and early adopters, issues fiat-backed stablecoins. Its flagship token, USD₮, maintains a 1-to-1 peg with traditional currencies such as the US dollar and is used for trading, remittances and as a store of value, including in regions suffering from hyperinflation. USD₮ is the first and largest stablecoin by volume and serves hundreds of millions of users worldwide.
Beyond the core stablecoin business, Tether operates a set of named verticals: Tether Finance, covering financial products and services; Tether Power, focused on energy initiatives intended to help individuals, communities, cities and nations become self-sustainable; Tether Data, covering data-related initiatives; Tether Education; and Tether Evo, which works on emerging technologies such as artificial intelligence and brain-computer interfaces. The company's stated technical domains span blockchain technology, digital currencies, artificial intelligence, brain-computer interfaces and financial infrastructure.
The team works fully remotely, with staff operating from every corner of the world, and is described internally as a global talent powerhouse. The company's stated ethos centres on financial freedom, decentralisation and transparency, with a mission to empower individuals, communities, cities and nations to become self-sustainable, independent and free.