Ledger, the hardware cryptocurrency wallet maker, plans to add support soon for more stablecoins, including expanding tether (USDT)'s usability across all its products and services, executives said.
Currently, the company supports tether for its two handheld storage products, the Ledger Nano and Ledger Blue, but it intends to add the U.S. dollar-linked cryptocurrency to its institutional vault service.
Despite USDT's recent loss of parity with the dollar amid renewed questions about its issuer's reserves, Benjamin Soong, Ledger's new head of operations for the Asia-Pacific region, said the token remains popular there.