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.

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Hurupay

Hurupay offers a digital wallet that allows users to open virtual accounts in USD, EUR, and GBP without monthly fees. Users can receive payments from platforms like PayPal, Wise, Upwork, and Fiverr, and withdraw funds via crypto exchanges, local banks, or mobile money.

Protocol

Payments

Divvi

Divvi enables protocols to define specific metrics they wish to incentivize, allowing builders to earn rewards based on the incremental value they generate on-chain. This system ensures that those who contribute to the ecosystem's growth are fairly compensated, fostering innovation and broader adoption of decentralized technologies.

Protocol

Public Goods

ReFi DAO

ReFi DAO is a network society on a mission to regenerate the earth by envisioning a global regenerative economy rooted in local startup communities. These communities aim to acquire land and other real-world assets to drive towards a net zero economy by 2050, in alignment with the Paris Agreement targets. ReFi DAO looks to address the climate emergency, biodiversity collapse, and social injustices by revamping the economic system to value people and the planet as a single living system.

Institution

Restoration

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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