Tether CEO Paolo Ardoino Has Dropped a Teaser for an Artificial Intelligence (AI)-Based Product for Decentralized Applications

Tether CEO Paolo Ardoino has signaled the impending launch of a decentralized AI infrastructure to revolutionize the payment landscape.

A high-ranking executive at cryptocurrency firm Tether has dropped a teaser for an artificial intelligence (AI)-based product for decentralized applications.

Paolo Ardoino, the CEO of the firm best known for issuing the USDT stablecoin, said that Tether AI is “coming soon.”

However, a clear timeline for a commercial launch remains unclear. Announcing the product on X, formerly Twitter, Ardoino shared insights into the functionalities of the AI offering for consumers.

Right off the bat, Ardoino referred to Tether AI as “personal infinite intelligence,” hinting at far-reaching capabilities for the product.

Moreover, Ardoino stated that Tether AI will be open-source and decentralized with the capability to “evolve” on any device without the need for API keys. According to the teaser, developers can choose the components of the offering for their products while enjoying the perks of easy integrations.

Issuer of the largest stablecoin, Tether is expanding its reach to new verticals to improve its offerings for customers. Despite dabbling in artificial intelligence, the firm is still going head-to-head with USD1 and other stablecoin issuers for dominance.

However, Ardoino stated that Tether AI will be powered by Bitcoin and USDT.

Tether AI’s solution will see a significant spike in the daily trading activity for Bitcoin. The launch could see Bitcoin price reach $1 million, potentially serving as the catalyst for Robert Kiyosaki and Arthur Hayes’ prediction.

On the other hand, multiple artificial intelligence agents transacting with USDT will see the Tether-issued stablecoin be the winner in the stablecoin race.

Tether is facing stiff competition from Circle, Ripple, and PayPal, threatening to snag a portion of its market share. However, to maintain its dominance, the stablecoin issuer is making significant moves in the space.