# Tether

**Source:** https://www.startuphub.ai/startups/tether
**Profile type:** Startup

> The stablecoin pegged 1:1 to the US dollar, facilitating blockchain transactions and payments.

## About

Tether is a stablecoin that aims to maintain a stable value relative to a fixed price, such as the US dollar. It is used to facilitate transactions on blockchain networks and as a medium of exchange in the cryptocurrency ecosystem. Tether is issued by Tether Holdings Limited.

## Key facts

- **Slug:** tether
- **Website:** https://tether.io/
- **Location:** Hong Kong, Hong Kong
- **Operating status:** Active
- **Total funding:** $20.0B
- **Sectors / tags:** Fintech, Stablecoin, Blockchain, Digital Payments, Cryptocurrency, DeFi, Tokenized Real-World Assets
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/tether
  - Twitter: https://x.com/tether
  - Facebook: https://www.facebook.com/tether.to

## Frequently asked

### What does Tether do?

Tether is a stablecoin that aims to maintain a stable value relative to a fixed price, such as the US dollar. It is used to facilitate transactions on blockchain networks and as a medium of exchange in the cryptocurrency ecosystem. Tether is issued by Tether Holdings Limited.

### What is Tether's revenue?

StartupHub estimates Tether's annual revenue at $46K (range $30K to $175K, 42% confidence), based on comparable companies in the sector.

### What is Tether's valuation?

StartupHub estimates Tether's effective valuation at $392K (range $274K to $509K, 38% confidence), based on comparable companies in the sector.

### How much funding has Tether raised?

Tether has raised a total of $20.0B in funding.

### Where is Tether headquartered?

Tether is headquartered in Hong Kong, Hong Kong.

### What industry does Tether operate in?

Tether operates in Fintech, Stablecoin, Blockchain, Digital Payments, Cryptocurrency, DeFi.

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