Tether CEO Paolo Ardoino on May 5, announced that Tether will be entering into AI space with the launch of Tether.AI. This move marks a shift beyond crypto technology for the stablecoin into artificial intelligence and blockchain technology.
A picture on the X post shows that tether.ai will be a “fully open-source AI runtime, capable to adapt and evolve on any hardware and device,”
Also, there will be “no API keys, no central point of failure, fully modular and composable, WDK infused to enable USDT and Bitcoin payments.”
The WDK toolkit is the Wallet Development Kit, a software designed to allow businesses and developers to create their own mobile and desktop wallet experiences with the ability to use Bitcoin and USDT on the platform they create, according to wallet.tether.io.
Tether’s USDT currency is the largest stablecoin by market capitalization. This new launch is part of a wider trend among firms in AI and crypto attempting to bridge the gap between the two emerging technologies. One such instance was Sam Altman’s AI-based crypto project World, which went live in six key U.S. cities as reported earlier by Coin Headlines.