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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
Similar Companies

Tether's funding and investors

Tether is a funded company.

Tether has 1 institutional investor - .

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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Terra
Terra
2018, Singapore (Singapore), Series B
Blockchain network for payments
$125M
82/100
2nd
Logo for Circle
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
Logo for TrustToken
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
Logo for Celo
2011, San Francisco (United States), Acquired
Blockchain-based stable coins for social payments and money transfers
$65M
SV Angel, SparkÌý&²¹³¾±è;Ìý
67/100
5th
Logo for MakerDAO
MakerDAO
2014, San Francisco (United States), Series A
Stable coin based on Ethereum blockchain
$63M
2020 Ventures, a16zÌý&²¹³¾±è;Ìý
65/100
6th
Logo for Origin Protocol
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
Logo for Reserve
Reserve
2017, Oakland (United States), Funding Raised
Stablecoin with a decentralized payment protocol
-
Digital Currency Group, Struck CapitalÌý&²¹³¾±è;Ìý
54/100
8th
Logo for StableCorp
StableCorp
2019, Toronto (Canada), Seed
Decentralized stable coin used for enabling B2B payments
$4.89M
Coinbase, Borderless CapitalÌý&²¹³¾±è;Ìý
52/100
9th
Logo for Unicoins
Unicoins
2022, San Francisco (United States), Series A
Platform offering cryptocurrency
$10.5M
52/100
10th
Logo for Gyroscope
Gyroscope
2020, London (United Kingdom), Seed
Platform offering an asset-backed stablecoin
$4.5M
Galaxy, Robot VenturesÌý&²¹³¾±è;Ìý
51/100
14th
Logo for Tether
2014, Santa Monica (United States), Funding Raised
Stable coin backed by USD
-
47/100
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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
Logo of Juventus
1897
Turin,
Jan 04, 2025
Investments
2018
Xuhui, China
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Reports related to Tether

Here is the latest report on Tether's sector:
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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.
•
bitcoinethereumnews.com•Jun 19, 2025•Tether
•
GlobeNewswire•Jun 17, 2025•, Tether
•
Mining Technology•Jun 13, 2025•Tether, Elemental Altus
•
Juniorminingnetwork•Jun 12, 2025•Elemental Altus, Tether, La Mancha
•
CNW•Jun 10, 2025•AlphaStream Capital, Elemental Altus, Tether
•
Bitcoin•Jun 10, 2025•Tether
•
CryptoSlate•Jun 08, 2025•Tether, Circle
•
CoinDesk•Jun 06, 2025•Circle, Tether
•
bitcoinethereumnews.com•Jun 04, 2025•Tether, Orionx
•
Bitcoin•Jun 04, 2025•Bybit, Circle, Tether, Solana and 1 other
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FAQ's about Tether

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