Tether has introduced PearPass, a peer-to-peer password manager that stores credentials directly on users’ devices rather than in centralized cloud servers. The company said the design removes common attack vectors associated with server-based password vaults and limits exposure to large-scale data breaches.
PearPass uses device-level encryption and peer-to-peer synchronization to share credentials only across a user’s own devices. Tether stated that passwords never leave local hardware except through encrypted channels, positioning the product as resilient during outages or in high-risk digital environments. The app relies on open-source cryptographic libraries and has undergone an independent security audit.
The launch reflects Tether’s broader expansion beyond stablecoins into decentralized consumer technology focused on privacy and digital sovereignty. As scrutiny of centralized data storage grows, PearPass signals how established crypto firms are applying decentralization principles to adjacent technology markets.