#稳定币发行与类型 Tether's latest move is quite interesting, as they launched PearPass, a P2P password management tool. It seems they want to expand from stablecoin operations into a security ecosystem, and the logic is quite clear.

The core selling point is that data is not stored in the cloud; all credentials are kept on local devices. This indeed avoids the common vulnerability of traditional cloud-based password managers being easily hacked. End-to-end encryption plus P2P synchronization ensures security from a technical perspective.

However, to be honest, this might be somewhat "vague" for stablecoin issuers. Tether's main risks have always been reserve audits and on-chain transparency. Now that they are developing a password management tool, it feels like an attempt to expand their ecosystem business, but it may not address the issues users care most about.

That said, releasing such tools as free open-source software can indeed help build user and ecosystem trust. The key is whether they can truly develop a decentralized tool ecosystem around Tether in the future. For now, it's just the beginning, and it's worth watching.