Tether

Region

San Salvador

El Salvador

Targeted SDGs

9. Industry, Innovation, Technology and Infrastructure

Description

Tether is a stablecoin designed to maintain a stable value by pegging its price to the U.S. dollar. Founded in 2014, it has grown into one of the most influential firms in the crypto industry, with reserves and attestations published to support its tokens. Tether plays a central role in global crypto markets by offering liquidity, settlement infrastructure, and a dollar alternative in regions with limited banking access. Beyond stablecoins, the company has expanded into areas such as renewable energy and bitcoin mining, signaling broader ambitions in the digital economy.

Impact

Tether provides stability in the volatile cryptocurrency market by offering a digital asset that mirrors the value of the U.S. dollar. This stability enables users to trade cryptocurrencies without the need to convert to fiat currencies, facilitates cross-border transactions, and serves as a reliable store of value within the digital economy.

EXPLORE THE NETWORK

More Builders Driving Real-World Impact

Discover SDG-aligned teams using Ethereum to solve real problems worldwide.

Explore the Ecosystem

Celo

Celo aims to make financial services accessible to anyone with a mobile phone. It's a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users by providing user-friendly financial tools and applications.

Chain

Stablecoins

Circle

Circle is a financial technology company that develops USDC, a stablecoin backed one-to-one by U.S. dollar reserves. USDC circulates across multiple blockchains and is widely used for payments, trading, and DeFi applications. Circle also partners with banks, fintechs, and governments to integrate digital dollars into mainstream finance, making it one of the key bridges between traditional systems and blockchain infrastructure.

Institution

Stablecoins

Mento Labs

Mento is a protocol that enables the adoption of digital currencies worldwide, aiming to provide a stable asset for every country.

Protocol

Stablecoins

CASE STUDIES

Real-World Impact in Action

Explore case studies linked to this initiative and Ethereum, showing how local action scales into global solutions.

Explore All Case Studies

Digital Dollars for Everyone: How Stablecoins Provide Global Access and a Hedge

Stablecoins on Ethereum provide global access to digital dollars, protecting savings, enabling payments, and reshaping finance in unstable economies.

Tether

Circle

Stablecoins

More Builders Driving Real-World Impact

Celo

Circle

Mento Labs

Real-World Impact in Action

Digital Dollars for Everyone: How Stablecoins Provide Global Access and a Hedge

Want to help ETH FTW grow?