Stablecoins can be used for fast and relatively inexpensive international transfers and payments. Since stablecoins have little fluctuation in value, this makes them a convenient means of transferring value without the risk of significant losses. In this article, you will learn about the best wallets for working with the USDT stablecoin. We also recommend using a service called Rates – all about finances for individuals and legal entities in the form of useful articles and reviews.

What Is USDT?

Tether (USDT) is the world’s first stablecoin (a cryptocurrency whose value is tied to another stable asset). Tether is pegged 1:1 to the US dollar, making it less volatile than other cryptocurrencies.

The Tether stablecoin was created using the OMNI Layer protocol, but over time it was implemented on different blockchains. Now you can work with USDT in the networks Ethereum (ERC20), Tron (TRC20), BNB Smart Chain (BEP20), BNB Beacon Chain (BEP2), EOS, AVAX C-Chain, Polygon, Solana, Tezos, etc. Differences in using Tether in different networks are based on issuance protocols, transaction times, and fees. So, some blockchains are cheaper, others are more expensive. Some require 12 network confirmations (for example, ERC20), others – 1 (for example, TRC20) and so on.

Tether is the most popular and widely used stablecoin. Currently, USDT’s capitalization accounts for almost 50% of the entire stablecoin market. In addition to services for profitable purchase/sale of coins, you need wallets for their secure storage.

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The Best Wallets For Working With Tether (USDT)

The wallet you choose depends on what token format your USDT is in. It is easy to determine the standard of tokens: the address in the Tron network will begin with Tx, in the Ethereum network – with 0x.

Before choosing and creating a crypto wallet for USDT, remember that each token standard only works within its own network. When sending USDT ERC20 to any network other than Ethereum, the funds will be lost.

Let’s look at options for storing USDT in 2024. We recommend choosing a popular service with a good rating and reviews.

Bybit Wallet

Release: 2022;

Wallet type: hot (mobile, web, browser extension);

Supported cryptocurrencies: ETH and 70+ tokens of the Ethereum network, BNB and 40+ tokens of the BNB Chain network, MATIC and 50+ tokens of the Polygon network, as well as tokens of the MANTLE, Optimism, Avalanche C, Arbitrum One, Fantom, zkSync Era, SUI networks;

Supported standards: ERC20, BEP20 and others;

Unique feature: access to Web3 without the need to transfer assets to other platforms, work with DeFi and NFT.

Trust Wallet

Release: 2017;

Wallet type: hot, mobile;

Supported cryptocurrencies: 4.5 M+ currencies running on 65 blockchains;

Supported USDT standards: ERC20, TRC20, BEP2, BEP20;

Unique feature: purchasing cryptocurrency from a Visa or Mastercard card through intermediaries (Mercuryo, MoonPay, Simplex, etc.).


Release: 2016;

Wallet type: web (browser extension), mobile;

Supported cryptocurrencies: ETH and any ETH-based tokens (ERC-20, ERC-721, etc.). Some tokens need to be imported manually to be visible in MetaMask;

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Supported USDT standards: ERC20 BEP2, BEP20;

Unique feature: the ability to add other networks to the wallet (Binance Smart Chain, Polygon, Avalanche, TomoChain, Harmony, etc.).

Ledger Nano X

Release: 2019;

Wallet type: cold, hardware;

Supported cryptocurrencies: 5000+ assets;

Supported USDT standards: ERC20, TRC20;

Unique feature: the wallet has the form of a physical medium that stores private keys offline, which makes them independent from third parties and resistant to cyber threats.

Trezor Model T

Release: 2018;

Wallet type: cold, hardware;

Supported cryptocurrencies: 1000+;

Supported USDT standards: ERC20;

Unique feature: the wallet has the form of a physical medium that includes a backup seed TREZOR T (restoring the wallet from the seed phrase on the device itself).

Blockchain com

Release: 2011;

Wallet type: web, mobile;

Supported cryptocurrencies: 70+;

Supported USDT standards: ERC20;

Unique feature: purchasing cryptocurrency using credit and debit cards, as well as cards linked to Apple Pay and Google Pay. So, buying cryptocurrency with this solution is as simple as buying an Aetna insurance policy as usual.

Mew Wallet

Release: 2015;

Wallet type: web (browser extension), mobile;

Supported cryptocurrencies: ETH and other ERC20 tokens;

Supported USDT standards: ERC20;

Unique Feature: It supports major hardware wallets including Ledger and Trezor.


Release: 2015;

Wallet type: web (browser extension), mobile;

Supported cryptocurrencies: 260+;

Supported USDT standards: ERC20, TRC20;

Unique feature: integration with cold hardware wallets.

How to Choose a Tether Wallet

The choice of crypto wallet for USDT:

  • Depending on your goals. If you plan to use funds for active trading and require constant access to the contents of your wallet, then it will be more convenient to use “hot” type storage (web, mobile wallets). If the main goal is long-term storage, then it is better to give preference to “cold” hardware wallets (they are connected to the network only for the transaction, thus providing a higher level of protection). “Hot” wallets – Bybit Wallet, Trust Wallet, MetaMask, Safepal, Exodus, etc. “Cold” – Ledger, Trezor, etc.
  • Depending on the amount. Small amounts can be stored in “hot” wallets. Such wallets provide quick and convenient access to funds but are less secure. Therefore, if we are talking about a large amount, then a small part can be left in the “hot” wallet, and the main part can be transferred to the “cold” wallet.
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Should You Store USDT On an Exchange?

Any trading platform, be it Binance or Huobi, is susceptible to hacking, so keeping large amounts on the exchange is not recommended. We recommend storing USDT in special crypto wallets, for example, Trust Wallet, Bybit Wallet, MetaMask, Exodus, Ledger Nano X, and Trezor Model T.

Final Thoughts

Tether (USDT) is the most popular and widely used stablecoin. Thanks to its pegging to the US dollar (1 USDT is roughly equal to $1), Tether is less volatile than other cryptocurrencies. For such an interesting coin, there are plenty of decent wallets where you can store your savings. We looked at some of them in this article. We also recommend using the Rates service to track currency exchange rates in Ukrainian financial institutions, as well as study the features of international payment systems, cards, and banks.