Tether
Tether is a Stablecoin Issuers company founded in 2014 and based in San Salvador, El Salvador.
Issues USDT, the world's largest stablecoin by market cap ($120B+), and has expanded into payments, energy, and communications infrastructure. Reported $13B+ in profits for 2024. Under regulatory scrutiny in multiple jurisdictions. Expanding into AI, Bitcoin mining, and payments infrastructure.
USDT dominates ~70% of stablecoin market cap and is the settlement backbone of global crypto trading—Tether's outsized profitability makes it one of the most consequential financial companies of this cycle.
tether.to ↗·Stablecoin Issuers·El Salvador·private 
