Tether | ETH FTW

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

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EthicHub

EthicHub is a peer-to-peer lending platform that aims to connect small and unbanked farmers in developing countries with international investors. It facilitates the provision of microloans that are intended to improve both yields and income.

Protocol

RWA

Valora

Valora Wallet is a mobile crypto wallet that focuses on simplifying global peer-to-peer payments. It's built on the Celo blockchain and supports over 30 cryptocurrencies. Some key features include its ability to sync with your contacts for easy payments, low transaction fees, and quick transaction confirmations.

Protocol

Payments

Clixpesa

Clixpesa is an effort to build a borderless, customer-centric, all in one platform to serve as a trusted companion to manage money while giving back control to our users.

Protocol

Payments

CASE STUDIES

Real-World Impact in Action

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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

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