Tether Limited

Issuer of USDT Stablecoin

Tether Limited Background

Tether Limited is the company that introduced Tether (USD₮ or USDT), an asset-backed cryptocurrency stablecoin, in 2014. It is owned by the Hong Kong-based company iFinex Inc. which also owns the cryptocurrency exchange, Bitfinex.

Tether Limited has minted the USDT stablecoin on ten protocols and blockchains as of July 2022. Since Tether was initially intended to be worth $1 USD, it is referred to as a stablecoin. Tether Limited claims to keep $1 in asset reserves for every USD₮ it issues, but has been punished by regulators for not doing so and for failing to provide audits demonstrating enough asset reserves.

Tether Limited News

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Tether Limited Team

Jean-Louis van der Velde
Jean-Louis van der Velde

Chief Executive Officer

Tether Limited
Giancarlo Devasini

Chief Financial Officer

Tether Limited
Stuart Hoegner

General Counsel

Tether Limited
Paolo Ardoino

Chief Technology Officer

Tether Limited
Leonardo Real

Chief Compliance Officer

Tether Limited
Claudia Lagorio

Chief Operating Officer

Tether Limited Support

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