Tether, the company behind USDT, is expanding into AI with its new Tether Data. This effort seeks to incorporate AI solutions into banking and communication systems, demonstrating Tether's ambitions beyond stablecoins.
CEO Paolo Ardoino announced AI-powered apps. These include a voice assistant, an AI-powered translation, and a Bitcoin wallet assistant.
These tools will be part of an open-source AI SDK platform based on Holepunch's JavaScript runtime, Bare. The platform will allow for development across a variety of hardware types. Tether Data prioritizes privacy and decentralization. AI apps will run locally on devices, reducing the need for external servers and lowering surveillance dangers.
In November 2024, Tether released the Wallet Development Kit (WDK), an open-source toolset for creating Bitcoin and USDT wallets. Users now have more options for self-custody. The cryptocurrency market enthusiastically reacted to Tether's AI program. USDT's market capitalization climbed by $1 billion to $140.60 billion, and AI tokens, such as DOGEAI, have also increased.
Tether's foray into AI is poised to transform digital asset management. It reflects the company's emphasis on financial autonomy and resilience in an AI-driven society.
