📅 December 17 | Cybersecurity
After more than a decade of massive data breaches, hacked vaults, and compromised servers, Tether decided to attack one of the weakest points of the digital age: the absolute dependence on the cloud to protect critical secrets.
📖Tether officially announced the launch of PearPass on Wednesday, a new password manager designed to store credentials directly on users' devices, without relying on cloud infrastructure or centralized servers. According to the company, this approach eliminates the vulnerabilities that have plagued traditional password managers for over a decade.
The product, first previewed in June 2025, is based on device-level encryption and peer-to-peer synchronization. Tether stated that passwords never leave the user's hardware, except when shared between their own devices via end-to-end encrypted P2P channels.
The company presented PearPass as a direct response to the rise in security breaches on centralized platforms. Earlier this year, more than 16 billion passwords linked to Apple, Facebook, Google, government services, and social media were exposed in what Forbes described as the largest data breach ever recorded.
Tether CEO Paolo Ardoino was emphatic in explaining the project's motivation: every major data breach demonstrates that if secrets reside in the cloud, they don't truly belong to the user. According to the company, PearPass eliminates the "single point of failure" represented by server-hosted vaults and returns full control to users over passwords, recovery keys, and synchronization flows.
Instead of relying on cloud services, the application uses end-to-end encryption, open-source cryptographic libraries, and has already passed an independent security audit conducted by Secfault Security.
The application includes exclusively local storage, a password generator, peer-to-peer synchronization, and key-based recovery. Tether indicated that PearPass will be available for free on major platforms.
Topic Opinion:
Tether is bringing to the mass market the same logic that made Bitcoin and the crypto ecosystem strong—eliminating intermediaries and single points of failure—in a landscape where centralization has proven to be a systemic risk.
💬 Would you trust a cloud-less manager more?
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