Tether - About the company
Tether is a funded company based in Santa Monica (United States), founded in 2014 by and . It operates as a Stable coin backed by USD. , with a current valuation of $100B. The company has 318 active competitors, including 67 funded and 6 that have exited. Its top competitors include companies like Terra, Circle and TrustToken.
Company Details
Stable coin backed by USD. The company offers tokens that are built on multiple blockchains. It is a blockchain-enabled platform that enables the digital use of fiat money. It works to disrupt the traditional financial system by using a more modern approach to money. It allows users to transact with traditional currencies via the blockchain without the inherent volatility and complexity associated with digital currencies.
- Website
- Social
- Email ID
- @tether.to
Key Metrics
Founded Year
2014
Location
Santa Monica, United States
Stage
Funding Raised
Post Money Valuation
as on Mar 04, 2024
Investors
Ranked
14th among
Investment & Acquisitions
Mansa &
Similar Companies
Terra &
Legal entities associated with Tether
Tether is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 1561389 United States, Active | $1 - $1M (as on Jan 08, 2015) | - | - |
Tether's funding and investors
Tether is a funded company.
Tether has 1 institutional investor - .
View details of Tether's funding rounds and investors
Tether's founders and board of directors
The founders of Tether are and . is the CEO of Tether.
Here are the details of Tether's key team members:
- : Co-Founder of Tether and founder of .
- : Former Founder of Tether and founder of , SELF and . Contact Info:
- : CEO of Tether.
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Tether's Competitors and alternates
Top competitors of Tether include Terra, Circle and TrustToken. Here is the list of Top 10 competitors of Tether, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | Blockchain network for payments | $125M | Lightspeed Venture Partners, TransLink CapitalÌý&²¹³¾±è;Ìý | 82/100 | |
2nd | Circle 2013, Boston (United States), Public | Cross-border payment solution for businesses focusing on cryptocurrency | $1.5B | Odenn Ventures, Fidelity InvestmentsÌý&²¹³¾±è;Ìý | 74/100 |
3rd | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | Hanover Capital, GGV CapitalÌý&²¹³¾±è;Ìý | 70/100 |
4th | ![]() 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 67/100 | |
5th | ![]() MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 2020 Ventures, a16zÌý&²¹³¾±è;Ìý | 65/100 |
6th | ![]() Origin Protocol 2017, San Francisco (United States), Series A | Blockchain platform for building decentralized marketplaces | $31.5M | Foundation Capital, KBW VenturesÌý&²¹³¾±è;Ìý | 58/100 |
7th | Reserve 2017, Oakland (United States), Funding Raised | Stablecoin with a decentralized payment protocol | - | Digital Currency Group, Struck CapitalÌý&²¹³¾±è;Ìý | 54/100 |
8th | ![]() StableCorp 2019, Toronto (Canada), Seed | Decentralized stable coin used for enabling B2B payments | $4.89M | Coinbase, Borderless CapitalÌý&²¹³¾±è;Ìý | 52/100 |
9th | ![]() Unicoins 2022, San Francisco (United States), Series A | Platform offering cryptocurrency | $10.5M | 52/100 | |
10th | ![]() Gyroscope 2020, London (United Kingdom), Seed | Platform offering an asset-backed stablecoin | $4.5M | Galaxy, Robot VenturesÌý&²¹³¾±è;Ìý | 51/100 |
14th | 2014, Santa Monica (United States), Funding Raised | Stable coin backed by USD | - | 47/100 |
Looking for more details on Tether's competitors? Click to see the top ones
Tether's Investments and acquisitions
Tether has made 14 investments in companies including Mansa and . Tether has also acquired 1 companies including Blackrock Neurotech. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Feb 20, 2025 | Investments | 2023 | ||
Feb 15, 2025 | Investments | ![]() | 1897 | Turin, |
Jan 04, 2025 | Investments | 2018 | Xuhui, China |
See all investments by Tether
Reports related to Tether
Here is the latest report on Tether's sector:
View
News related to Tether
Media has covered Tether for a total of 212 events in the last 1 year, 100 of them have been about company updates and 19 about partnerships.
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bitcoinethereumnews.com•Jun 19, 2025•Tether
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GlobeNewswire•Jun 17, 2025•, Tether
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Bitcoin•Jun 10, 2025•Tether
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