Tether - About the company
Tether is a funded company based in Santa Monica (United States), founded in 2014 by Craig Sellars and Reeve Collins. It operates as a Stable coin backed by USD. , with a current valuation of $*****. The company has 349 active competitors, including 75 funded and 7 that have exited. Its top competitors include companies like Circle, KAST and Terra.
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
- Email ID
- *****@tether.to
Key Metrics
Founded Year
2014
Location
Santa Monica, United States
Stage
Funding Raised
Post Money Valuation
$***** as on Jan 01, 2025
Investors
Ranked
20th among 349 active competitors
Employee Count
290 as on May 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 Craig Sellars and Reeve Collins. Paolo Ardoino and JL Van Der Velde are the CEOs of Tether.
Here are the details of Tether's key team members:
- Craig Sellars: Former Founder of Tether and founder of 2 other companies, SELF and Synereo. Contact Info: 1 email address
- Reeve Collins: Co-Founder of Tether and founder of 1 other company. Contact Info: 1 email address
- JL 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 290 employees as of May 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, KAST and Terra. 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 | $1.51B | 88/100 | |
2nd | App-based platform offering stablecoins | $90M | 76/100 | ||
3rd | Blockchain network for payments | $125M | 75/100 | ||
4th | _1548905278025.png?devicePixelRatio=2&height=30&width=30){kind=logo} Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 69/100 | |
5th |  MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 69/100 | |
6th |  StableCorp 2019, Toronto (Canada), Series A | Decentralized stable coin used for enabling B2B payments | $8.51M | 60/100 | |
7th |  Mezo 2022, Menlo Park (United States), Series A | Developer of stablecoins fully backed by reserves of digital currency | $30M | 59/100 | |
8th | Prepaid Japanese Yen Stablecoin made on public blockchain | $106M | 58/100 | ||
9th | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | 57/100 | |
10th | Provider of a stablecoin payments network | $20M | 56/100 | ||
20th | 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 32 investments in companies including Plenti and Mercado Bitcoin. Tether has also acquired 1 companies including Blackrock Neurotech.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 03, 2026 | Investments | 2022 | Medellin (Colombia) | |
Jul 07, 2026 | Investments | 2013 | Sao Paulo (Brazil) | |
May 20, 2026 | Investments | 2019 | - |
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Reports related to Tether
Here is the latest report on Tether's sector:
News related to Tether
Filter this listMedia has covered Tether for a total of 304 events in the last 1 year, 133 of them have been about company updates and 22 about partnerships.
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Colombian Fintech Plenti Secures $3 Million Funding Led by TetherCryptocurrency•Sep 03, 2026•Plenti, Tether, Tether, Plenti and 1 other
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CoinDCX Lists Tether Gold (XAUT) for Indian Users, Offering Fractional Exposure with a 30% VDA TaxThe Crypto Times•Aug 27, 2026•CoinDCX, Tether
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Tether's Uruguay Bitcoin Mining Venture Collapses Over Power Supply DisputeCrowdfund Insider•Aug 25, 2026•Tether
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Tether USDT Obtains Largest Audit in History, Though Key Metric Decreased by 40%Cryptocurrency•Aug 14, 2026•Tether
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Tether's USDT Supply Shrinks by $4B in 60 Days Amidst Cooling Crypto DemandBitcoin•Aug 12, 2026•Tether
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