Tether Launches PearPass Password Manager After 16B Breach

Published: 2025-06-20 07:44:46 |

Tether CEO Paolo Ardoino has unveiled PearPass, a serverless, open-source password manager designed to operate entirely on users’ devices. The launch follows Cybernews’s discovery of a massive data breach exposing 16 billion login credentials—tokens, cookies and metadata—from major platforms including Apple, Facebook, Google, GitHub and Telegram. By eliminating cloud infrastructure, PearPass addresses growing concerns over centralized data storage and surveillance. All user credentials remain encrypted and stored locally, reducing single points of failure. Researchers warn that the exposed records could fuel credential stuffing, targeted phishing campaigns and identity theft. PearPass aims to restore trust through a fully local, transparent solution. Crypto traders should note that while this move strengthens security standards, it may have a neutral impact on USDT trading volumes and price stability.

Neutral

The launch of PearPass strengthens security standards for credential management by eliminating cloud-based risks. While this improves user trust in Tether’s ecosystem, it does not directly affect USDT’s supply dynamics or market demand. Short-term trading is unlikely to react significantly, and long-term price stability remains governed by broader macro and market factors. Thus, the overall impact on USDT is neutral.