Case Study: Tether achieves scalable, secure stablecoin transactions with Algorand

Tether - Customer Case Study

Tether, a leader in digital assets and stablecoins, needed a scalable way to let users store, send, and receive dollar-, euro-, and yuan-pegged tokens with the speed and security of blockchain technology. Working with Algorand, Tether leveraged a network built for open financial innovation to support its USDT stablecoin.

Using Algorand’s network, Tether enabled USDT transactions at over 1,000 transactions per second with scalable, secure, decentralized performance. Algorand also provided simplified asset creation, instant financial exchange, and immediate transaction finality, helping USDT maintain fast and reliable movement at significant scale.

Tether