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Tether - About the company

Tether is a funded company based in Santa Monica (United States), founded in 2014 by Reeve Collins and Craig Sellars. It operates as a Stable coin backed by USD. , with a current valuation of $*****. The company has 313 active competitors, including 71 funded and 6 that have exited. Its top competitors include companies like Circle, Terra and Celo.

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
tether.to
Social
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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
Employee Count
286 as on Mar 31, 2026
Investment & Acquisitions
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Tether's funding and investors

Tether is a funded company. Tether has 1 institutional investor.

Tether's founders and board of directors

Founder? Claim Profile
The founders of Tether are Reeve Collins and Craig Sellars. Jan Ludovicus Van Der Velde and Paolo Ardoino are the CEOs of Tether.
Here are the details of Tether's key team members:

Tether's employee count trend

Tether has 286 employees as of Mar 26. Here is Tether's employee count trend over the years:
Employee count trend for Tether
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Tether's Competitors and alternates

Top competitors of Tether include Circle, Terra and Celo. Here is the list of Top 10 competitors of Tether, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Circle
Circle
2013, Boston (United States), Public
Cross-border payment solution for businesses focusing on cryptocurrency
$1.5B
88/100
2nd
Logo for Terra
Terra
2018, Singapore (Singapore), Series B
Blockchain network for payments
$125M
75/100
3rd
Logo for Celo
Celo
2011, San Francisco (United States), Acquired
Blockchain-based stable coins for social payments and money transfers
$65M
71/100
4th
Logo for KAST
KAST
2024, Mutsamudu (Comoros), Series A
App-based platform offering stablecoins
$90M
70/100
5th
Logo for StableCorp
StableCorp
2019, Toronto (Canada), Series A
Decentralized stable coin used for enabling B2B payments
$8.51M
59/100
6th
Logo for MakerDAO
MakerDAO
2014, San Francisco (United States), Series A
Stable coin based on Ethereum blockchain
$63M
58/100
7th
Logo for TrustToken
TrustToken
2017, San Francisco (United States), Series A
Decentralized platform for physical asset tokenization
$32.5M
57/100
8th
Logo for Schuman Financial
Schuman Financial
2024, Paris (France), Seed
Developer of infrastructure for on-chain finance
$7.36M
57/100
9th
Logo for JPYC
JPYC
2019, Chiyoda City (Japan), Series B
Prepaid Japanese Yen Stablecoin made on public blockchain
$36.1M
57/100
10th
Logo for 1Money
1Money
2024, Bermuda, Seed
Provider of a stablecoin payments network
$20M
56/100
21st
Logo for Tether
Tether
2014, Santa Monica (United States), Funding Raised
Stable coin backed by USD
-
50/100
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Tether's Investments and acquisitions

Tether has made 23 investments in companies including Drift and Drift. Tether has also acquired 1 companies including Blackrock Neurotech.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 16, 2026
Investments
2021
Apr 16, 2026
Investments
2021
Mar 12, 2026
Investments
2024
Lugano (Switzerland)
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Reports related to Tether

Here is the latest report on Tether's sector:

News related to Tether

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Media has covered Tether for a total of 297 events in the last 1 year, 126 of them have been about company updates and 27 about partnerships.
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FAQs about Tether

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