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Tether

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 IssuersEl Salvadorprivate

At a glance

Total raised
Undisclosed
no public funding on record
Headcount
no public estimate on record
Headquarters
San Salvador
El Salvador
Founded
2014
12 years active
Status
Private
Stablecoin Issuers
Subsector
Stablecoin Issuers
Stablecoin Issuers
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