Tether Introduces PearPass: The Password Manager That Ditches Cloud Servers Entirely

Tether, the company behind USDT stablecoin, has released PearPass, a peer-to-peer password manager built to break free from dependence on centralized cloud infrastructure. Unlike traditional password services, PearPass stores all credentials directly on users’ devices and synchronizes data between them through encrypted connections—eliminating the data breach risks that plague cloud-based solutions.

The move positions Tether’s security strategy against the escalating threat of large-scale data breaches at password management services. By removing the server component entirely, PearPass ensures there’s no central target for attackers. Tether frames this as part of a larger vision: building systems that remain private and functional even when facing regulatory pressure or infrastructure attacks.

How PearPass Actually Works

The app includes several focused security features: end-to-end encryption powered by open-source cryptographic protocols, a built-in password generator, and P2P data synchronization that works without any intermediary servers. Account recovery is handled through the user’s own cryptographic keys—similar to how non-custodial wallets operate.

Tether reports that PearPass has been independently audited by Secfault Security, a firm specializing in offensive security testing and cryptographic analysis. The application is designed to keep working even during service outages and will launch as a free tool across major platforms, with initial browser support.

Fitting Into Tether’s Broader P2P Ecosystem

PearPass marks the first fully open-source release within the Pear ecosystem—a Tether-backed technology stack focused on building peer-to-peer applications for privacy, sovereignty, and security. The Pear runtime and environment were specifically designed to support serverless application development, connecting to Tether’s work with Holepunch and Hypercore.

PearPass joins existing tools in this stack, including Keet, an encrypted calling and messaging platform that operates device-to-device, and earlier this year, Pear Credit, a P2P credit protocol for tokenized rewards and gift cards. The ecosystem now includes at least five applications built on these P2P foundations.

Tether’s Expanding Technology Ambitions

PearPass reflects a broader corporate pivot by Tether beyond stablecoins. The company has launched dedicated divisions—including Tether Data—to develop infrastructure, AI tools, and cybersecurity solutions. These include a decentralized AI SDK, translation services, voice assistants, and a Bitcoin wallet helper, all designed to run locally on user devices.

This expansion, supported by strategic investments in AI and energy ventures, repositions Tether as a technology infrastructure provider committed to local-first, user-controlled systems rather than merely a stablecoin issuer.