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Tether Invests in Self-Custody Wallet Zengo to Speed up Stablecoin Adoption

Tether, the issuer of the world’s largest stablecoin, announced on Tuesday its strategic investment in Zengo Wallet, a self-custodial crypto wallet renowned for its security and ease of use. In a blog post, Tether announced that the investment aligns with its commitment to promoting self-custody solutions and driving global stablecoin adoption. Unlike traditional wallets that rely on seed phrases, Zengo eliminates this vulnerability while maintaining a spotless security record. This track record reinforces Tether’s vision of making blockchain-based financial tools more secure and accessible.


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