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Tether Introduces PearPass in Response to Massive Data Leak

Apple, Google, Facebook, governmental platforms… No one was spared. This Thursday, the web was rocked by the announcement of a massive leak of 16 billion passwords. An unprecedented breach that turns every account into a potential target. For cybersecurity experts, it’s an “open exploitation manual” for hackers and malicious groups.

Fuite de 16 milliards d’identifiants : Tether propose une réponse

In this digital panic mode, Paolo Ardoino, the CEO of Tether (issuer of USDT), decided to make a bold move. On X, he delivered a stinging statement:

Une fuite historique, un réveil brutal

The cloud has failed us. Again“. Understand: enough is enough.

The cloud has failed us. Again“.
Understand: enough is enough.

PearPass: a radically different password manager

No more remote servers, data in the clouds, or illusory security promises. Ardoino announces PearPass, an open-source and 100% local password manager.

What does this mean?
No data passes through a third-party server. Everything remains on the user’s device, whether it’s passwords or encryption keys. No cloud, no intermediary, thus no leaks. It’s the ultimate anti-LastPass.

“No cloud. No servers. No leaks. Ever.”
The tone is set. PearPass will be available “very soon,” promises Ardoino.

A new piece in Tether’s sovereign ecosystem

This is not the first time Tether ventures beyond simply issuing stablecoins. In 2022, the company had already launched Pear Credit, a peer-to-peer lending platform in partnership with Holepunch and Synonym.

Lately, Tether has also unveiled another major project: Tether AI, an open-source infrastructure designed to operate even without a connection, on any device, integrated into the crypto ecosystem via the firm’s Wallet Development Kit.

Ardoino, fixated on extreme scenarios

The head of Tether doesn’t hide it: he builds tools designed for the worst. In a recent podcast with Anthony Pompliano, he mentioned his obsession with technological resilience:

If we find ourselves in a disaster scenario, we need to have technology that works first at the local level.

Whether it’s a global blackout, a large-scale conflict, or a widespread crisis of confidence in the cloud, Tether’s technology aims to remain operational no matter what.

Tether no longer wants to depend on cloud giants. And in a time when billions of credentials leak in a single day, this choice has never seemed so strategic. With PearPass, digital sovereignty becomes a tangible product, and soon, a vital reflex for millions of users.

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