{"id":42225,"date":"2026-04-20T15:21:11","date_gmt":"2026-04-20T13:21:11","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/tether-wallet-why-experts-are-now-warning-against-the-new-app\/"},"modified":"2026-04-20T15:21:38","modified_gmt":"2026-04-20T13:21:38","slug":"tether-wallet-why-experts-are-now-warning-against-the-new-app","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/news-en\/tether-wallet-why-experts-are-now-warning-against-the-new-app\/","title":{"rendered":"Tether Wallet: Why experts are now warning against the new app"},"content":{"rendered":"<p>Tether released its own wallet app. The stablecoin giant wants to use it to kickstart progress in the crypto industry. Although promising concepts have been implemented, several experts are now warning against using the Tether Wallet. They claim it threatens user privacy.<\/p>\n<div class=\"row row-collapse align-middle row-comparison\"  id=\"row-1855625446\">\n\n\n\t<div id=\"col-78073091\" class=\"col medium-3 small-6 large-3 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n  <div class=\"banner has-hover\" id=\"banner-1939894436\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n                                                \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-207826250\" class=\"text-box banner-layer text-box-circle x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1027548591\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"340\" src=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png 1024w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-300x100.png 300w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-768x256.png 768w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1536x512.png 1536w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-2048x683.png 2048w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1027548591 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_809303334\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_809303334 {\n  width: 80%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-207826250 .text-box-content {\n  background-color: rgb(255, 255, 255);\n  font-size: 100%;\n}\n#text-box-207826250 {\n  width: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-1939894436 {\n  padding-top: 99.99%;\n  background-color: rgba(255, 255, 255, 0);\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-78073091 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1052870787\" class=\"col col-comparison-description medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t\t\t\n\n<p style=\"margin-bottom: 1em;\">Bitvavo, one of the leading exchanges from Europe (Netherlands) with a large selection of cryptocurrencies. PayPal deposit possible.  <strong>Limited time offer: \u20ac20 bonus when you sign up via CoinPro.ch<\/strong><\/p>\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1052870787 > .col-inner {\n  padding: 15px 0px 0 15px;\n}\n@media (min-width:550px) {\n  #col-1052870787 > .col-inner {\n    padding: 15px 0px 15px 15px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1344569717\" class=\"col col-comparison-stars medium-2 small-6 large-2 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<p><span style=\"font-size: 200%;\"><strong>98%<\/strong><\/span><\/p>\n\n\n<span class=\"fsrs\"><span class=\"fsrs-stars\"><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><\/span><span class=\"hide fsrs-text fsrs-text__hidden\" aria-hidden=\"false\">5.0 out of 5.0 stars<\/span><span class=\"lining fsrs-text fsrs-text__visible\">5.0<\/span><\/span>\n\n<p><a href=\"https:\/\/www.coinpro.ch\/en\/reviews-en\/bitvavo-experiences-2025-the-crypto-exchange-under-review\/\">Read review<\/a><\/p>\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1344569717 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1451008898\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<a href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" class=\"button primary box-shadow-2 expand no-margin\" rel=\"noopener\"  >\n\t\t<span>Sign up with a \u20ac20 bonus<\/span>\n\t<\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1451008898 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<h2>Tether Wallet: New app focuses on mass adoption<\/h2>\n<p>Last week, the stablecoin operator <a href=\"https:\/\/tether.io\/news\/tether-launches-tether-wallet-the-peoples-wallet-extending-its-global-financial-infrastructure-directly-to-billions-of-users-left-behind-by-the-traditional-financial-system\/\"><u>Tether released its own wallet<\/u><\/a>. The Tether Wallet offers users the ability to manage various digital assets. The company focused primarily on supporting its own tokens.<\/p>\n<p>As such, the Tether Wallet is intended to primarily serve users of the USDT stablecoin. The regulated stablecoin USAT, as well as the gold token XAUT and <a href=\"https:\/\/www.coinpro.ch\/en\/knowledge\/what-is-bitcoin-the-btc-cryptocurrency-explained-simply\/\"><u>Bitcoin<\/u><\/a>, are also supported. The issuer is focusing on concepts suitable for the mass market.<\/p>\n<p>They are deliberately moving away from certain technologies and trying to establish a new status quo instead. Alphanumeric blockchain addresses, for example, are intended to be a thing of the past. Instead, Tether relies on simple addresses in email format.<\/p>\n<blockquote><p>\u201cThese currencies are supported across multiple networks, and the wallet was developed to remove the technical hurdles that have previously prevented broader adoption of digital assets,\u201d they explained.<\/p>\n<p>\u201cUsers can send funds using a simple, human-readable identifier like name@tether.me, eliminating the need to work with long, error-prone wallet addresses and reducing the risk of irreversible mistakes,\u201d they continued.<\/p><\/blockquote>\n<p>A well-known problem with network fees is also eliminated by the wallet.<\/p>\n<blockquote><p>\u201cTransactions can be carried out without users needing to hold separate network or gas tokens; fees are paid directly in the currency being transferred, eliminating one of the most persistent sources of friction on the <a href=\"https:\/\/www.coinpro.ch\/en\/knowledge\/what-is-a-blockchain-basics-and-functionality\/\"><u>blockchain<\/u><\/a>.\u201d<\/p><\/blockquote>\n<p>While the wallet is for self-custody\u2014meaning it is a non-custodial wallet\u2014Tether can still remotely block tokens like USDT due to their technical functionality. It is available for both Android and iOS and can be obtained via the Play Store, App Store, and the official website.<\/p>\n<script type=\"text\/plain\" data-tcf=\"waiting-for-consent\" data-id=\"20572\" data-bid=\"1\" data-placement=\"33872\">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<\/script><h2>Why experts are warning against Tether&#8217;s new app<\/h2>\n<p>While the concept of the Tether Wallet sounds progressive at first, some experts still criticized the new app after taking a closer look. According to them, it poses enormous risks to user privacy.<\/p>\n<p>A commentator with the username Psacramento_x revealed just one day after the wallet&#8217;s release that it is possible to scrutinize Lightning transactions.<\/p>\n<div class=\"brlbs-cmpnt-container brlbs-cmpnt-content-blocker brlbs-cmpnt-with-individual-styles\" data-borlabs-cookie-content-blocker-id=\"x-alias-twitter-content-blocker\" data-borlabs-cookie-content=\"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\">\n<div class=\"brlbs-cmpnt-cb-preset-b brlbs-cmpnt-cb-x\">\n<div class=\"brlbs-cmpnt-cb-thumbnail\" style=\"background-image: url('https:\/\/www.coinpro.ch\/wp-content\/uploads\/borlabs-cookie\/1\/cb-twitter-main.png')\"><\/div>\n<div class=\"brlbs-cmpnt-cb-main\">\n<div class=\"brlbs-cmpnt-cb-content\">\n<p class=\"brlbs-cmpnt-cb-description\">You are currently seeing a placeholder content of <strong>X<\/strong>. To access the actual content, click on the button below. Please note that data will be passed on to third-party providers.<\/p>\n<p> <a class=\"brlbs-cmpnt-cb-provider-toggle\" href=\"#\" data-borlabs-cookie-show-provider-information role=\"button\">More information<\/a> <\/div>\n<div class=\"brlbs-cmpnt-cb-buttons\"> <a class=\"brlbs-cmpnt-cb-btn\" href=\"#\" data-borlabs-cookie-unblock role=\"button\">Unlock content<\/a> <a class=\"brlbs-cmpnt-cb-btn\" href=\"#\" data-borlabs-cookie-accept-service role=\"button\" style=\"display: inherit\">Accept required service and unblock content<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>The Lightning Network is a concept for scaling the low-throughput Bitcoin blockchain. Because it is a network of payment channels, transaction data is usually not publicly viewable.<\/p>\n<p>However, through the implementation of the Spark payment protocol, data can be extracted that harms user privacy. This supposedly allows all Lightning transactions linked to a Tether address to be tracked. The data can be queried via a <a href=\"https:\/\/sparkstalker.vercel.app\/\"><u>specially set up website<\/u><\/a>.<\/p>\n<blockquote><p>\u201cI find it strange that both Wallet of Satoshi and Tether use a version of Spark in their wallets that allows anyone to view other users&#8217; transaction history. Why are they doing this?\u201d <a href=\"https:\/\/x.com\/w_s_bitcoin\/status\/2045094018107802060\"><u>X user Wicked<\/u><\/a> asked on Friday.<\/p><\/blockquote>\n<p>Wicked and several other commentators suspect that this decision was made deliberately. They believe there may be a conscious effort to undermine the privacy of Lightning users. Wicked believes that the Spark protocol can also be implemented in a way that preserves data protection.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether released its own wallet app. The stablecoin giant wants to use it to kickstart progress in the crypto industry. Although promising concepts have been implemented, several experts are now warning against using the Tether Wallet. They claim it threatens user privacy. Tether Wallet: New app focuses on mass adoption Last week, the stablecoin operator&#8230;<\/p>\n","protected":false},"author":19,"featured_media":42226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17325],"tags":[17360,17387,17408,17594,17644,17751,17799],"class_list":["post-42225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-altcoins-en","tag-bitcoin-en","tag-blockchain-en","tag-cryptocurrencies","tag-news-en","tag-tether-en","tag-wallet-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tether Wallet: Why experts are now warning against the new app - CoinPro.ch<\/title>\n<meta name=\"description\" content=\"Tether has released its own wallet app, aiming to drive progress. 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