Tether Limited was founded in 2014 by Brock Pierce, Craig Sellars, and Reeve Collins, headquartered in [[Hong Kong]] and operating under parent company iFinex Inc. Key developments: - 2014: Founded and launched [[USDT (Tether)]] - 2015: Partnership with Bitfinex - 2019: NY Attorney General investigation - 2021: Settlement with NYAG ($18.5M) - 2023: Increased transparency efforts Ownership: - Private company - Part of [[iFinex]] Inc. - CEO: Paolo Ardoino - Close relationship with Bitfinex exchange Key operations: - [[Tether (USDT)]] stablecoin issuance - Reserve management - Compliance operations - Multiple blockchain integrations - Market operations The company has evolved from a startup to become the operator of the world's largest stablecoin, though has faced ongoing regulatory scrutiny and questions about reserve transparency.