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
- 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
21st among 313 active competitors
Employee Count
286 as on Mar 31, 2026
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 |
|---|---|---|---|---|
Tether Technologies, Inc. CIN: 1561389 , United States, Active | $1 - $1M (As on Jan 08, 2015) | - | - |
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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
Founder? Claim ProfileThe 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:
- Reeve Collins: Co-Founder of Tether and founder of 1 other company. Contact Info: 1 email address
- Craig Sellars: Former Founder of Tether and founder of 2 other companies, SELF and Synereo. Contact Info: 1 email address
- Jan Ludovicus Van Der Velde: Co-CEO of Tether.
- Paolo Ardoino: Co-CEO of Tether. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Tether's Founder profiles and Board Members
Tether's employee count trend
Tether has 286 employees as of Mar 26. Here is Tether's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Circle 2013, Boston (United States), Public | Cross-border payment solution for businesses focusing on cryptocurrency | $1.5B | 88/100 | |
2nd | Blockchain network for payments | $125M | 75/100 | ||
3rd | Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 71/100 | |
4th | App-based platform offering stablecoins | $90M | 70/100 | ||
5th | StableCorp 2019, Toronto (Canada), Series A | Decentralized stable coin used for enabling B2B payments | $8.51M | 59/100 | |
6th | MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 58/100 | |
7th | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | 57/100 | |
8th | Schuman Financial 2024, Paris (France), Seed | Developer of infrastructure for on-chain finance | $7.36M | 57/100 | |
9th | Prepaid Japanese Yen Stablecoin made on public blockchain | $36.1M | 57/100 | ||
10th | Provider of a stablecoin payments network | $20M | 56/100 | ||
21st | Tether 2014, Santa Monica (United States), Funding Raised | Stable coin backed by USD | - | 50/100 |
Looking for more details on Tether's competitors? Click here to see the top ones
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:
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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) |
See all investments by Tether
Reports related to Tether
Here is the latest report on Tether's sector:
News related to Tether
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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Tether Adds $70 Million in Bitcoin to Reserves, Holdings Above 97,000 BTCCoinDesk•Apr 16, 2026•Tether
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Tether Invests in Stablecoin Firm, Stablecoin Development CorporationCrowdfund Insider•Apr 15, 2026•Framework Ventures, Tether, , Tether
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Binance Adds 7 Tokens to Monitoring Tag, Lifts Seed Tag on XAUTThe Crypto Times•Apr 14, 2026•Binance, Tether
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Ark Labs Raises $5.2M Backed by Tether to Build Programmable Finance on BitcoinStartupticker•Apr 07, 2026•Ark Labs, Tether
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Tether’s $500 Billion Funding Round Enters Critical Final Stages as Deadline LoomsCryptonews•Apr 03, 2026•Tether
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