Tether, the firm best known for its USDT stablecoin, has announced new updates about its artificial intelligence products. The company’s CEO, Paolo Ardoino, teased the AI platform on X, stating that it would have Bitcoin and USDT integrations.
The company has been exploring the world of AI for some time now, and many in the crypto community welcomed the news of a new platform that will offer Personal Infinite Intelligence.
According to Ardoino, the platform is an open-source program that can run on several items or platforms without depending on centralized systems or API keys. His post added that the program also has a modular design that makes it easy to conform and adapt over time, depending on the use case.
However, the biggest development is that the platform will also have Tether’s wallet development kit (WDK). This allows it to aid payments through support from USDT and Bitcoin, making crypto transactions effortless.
Tether WDK is a developer tool that the firm released in 2024 for developers to build non-custodial crypto wallets that can hold BTC and USDT. The toolkit can be used for building wallets across multiple platforms.
Additionally, the Tether AI platform, in addition to the major project, is launching AI applications such as an AI voice assistant, translation, and Bitcoin wallet assistant. All of these applications are created to work on local devices in furtherance of AI’s privacy and custody of data and funds.
What does this mean for Tether’s long-term sustainability?
Tether’s move aligns with its long-term strategy to move beyond the leadership of only stablecoins. The firm’s foray into AI is strategic, allowing it to invest and compete in various fields, including energy, payments, telecommunications, and Artificial Intelligence.
Two years ago, it acquired a significant stake in an AI and cloud computing firm named Northern Data, indicating its growing interest in AI. The firm had said in December 2024 that it would launch its AI platform by 2025 and recently structured to introduce Tether Data, a unit focused exclusively on AI.
In Ardoino’s post, he emphasized the significance of local AI solutions to ensure independence and privacy. He said that using AI models and projects on end-users devices automatically removes the need for third-party servers, improving security and aiding offline use.
Interestingly, part of the plan for Tether is for its AI technology to support a peer-to-peer network of AI agents.
Is Tether making AI move due to uncertainties?
Tether’s latest foray into the AI world has raised several questions because of the timing, especially as it comes at a time when several jurisdictions are moving to regulate stablecoins. Many believe Tether USDT could lose its dominance once there are stablecoin regulations.
However, this is unlikely to be the core reason. The company has focused its attention on emerging economies to limit any regulatory impact. This has continued to work in its support, with USDT market cap recently reaching a new peak of $149.98 billion despite most exchanges delisting it in Europe.
Meanwhile, the company has positioned itself as a tool for expanding US Dollar hegemony, a move that will likely protect it from any adverse regulations in the US. Tether also hinted at the possibility of launching a new stablecoin in the US once the country enacts its Stablecoin Act.
Still, its foray into AI offers a productive way to diversify its business without leaving the technology sector altogether. Investment in AI, one of the fastest-growing niches in the tech world, will help create new value and position the company as an emerging tech giant.
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