The security tool eliminates server vulnerabilities that have affected traditional password managers through major data breaches.
Tether News
Tether has released PearPass, a password management application that stores credentials exclusively on user devices without cloud infrastructure or centralized servers. The security tool eliminates server vulnerabilities that have affected traditional password managers through major data breaches.
The application functions through device-level encryption and peer-to-peer synchronization between a user's own hardware. Passwords remain on local storage except when syncing across devices owned by the same person through encrypted channels, according to Wednesday's announcement.
The USDT issuer positioned the launch as a response to rising cloud security concerns across the technology sector. More than 16 billion passwords from Apple, Facebook, Google, and government platforms leaked earlier this year in what Forbes characterized as the largest data breach on record.
Tether CEO Paolo Ardoino said server-hosted vaults create single points of failure that compromise user control over sensitive credentials. The company designed PearPass without intermediaries, back doors, or cloud dependencies to address these architectural weaknesses.
The application completed an independent security audit by Secfault Security and operates using open-source cryptographic libraries with end-to-end encryption. PearPass includes local-only storage, automated password generation, peer-to-peer device syncing, and key-based account recovery features.
The blockchain company claims the tool maintains functionality during network outages and high-risk scenarios because it requires no external connectivity for core operations. The absence of cloud reliance distinguishes PearPass from competitors that depend on always-available server infrastructure.
PearPass represents Tether's first fully open-source application within its Pears ecosystem, which focuses on decentralized consumer technology tools. The free application launches across major platforms as the stablecoin issuer expands beyond USDT operations into privacy-focused software development.
Bloomberg reported last week that Tether is exploring equity tokenization and new liquidity corridors while pursuing a $20 billion raise at a $500 billion valuation. The company recently led an $8 million investment in Speed, a Lightning Network payments processor targeting real-time global settlements.
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