Tether's Upcoming AI Platform Will Support Crypto Payments, Including Bitcoin and Its Own Stablecoin, USDT

In his recent post on X, Tether's CEO Paolo Ardoino shared a fresh update on the upcoming Tether AI platform, announcing that users will be able to transact using Bitcoin (BTC) and Tether (USDT)

Tether, the issuer of the largest stablecoin, is venturing into the realm of artificial intelligence (AI) with its own platform that will support crypto payments in Bitcoin (BTC) and Tether (USDT).

Tether’s CEO, Paolo Ardoino, took to X, formerly Twitter, to share an update on the upcoming Tether AI platform.

Crypto payments on Tether AI will be powered by the company’s wallet development kit, which allows developers to build mobile, desktop, and web wallets where users can hold USDT and BTC without third-party custody.

Ardoino also shared a draft of the Tether AI website, showcasing the platform’s vision and goal.

Tether AI has one key goal: to be the ideal technological foundation to achieve the vision of AI described in Asimov’s science fiction books. AI will, in the coming decades, become part of the very fabric of the universe. Our technology will be open source, transparent, scalable and able to adapt and evolve on any device regardless of hardware.

— Paolo Ardoino (@PaoloArdoino) December 19, 2024

The move follows Tether’s earlier efforts in AI, including the development of a suite of AI apps: AI Translate, AI Voice Assistant, and AI Bitcoin Wallet Assistant.

Earlier this month, Ardoino revealed that Tether is working on launching a U.S.-based dollar-pegged stablecoin. The new stablecoin could arrive by the end of the year or sooner.

Speaking at the Token2049 conference in Dubai, Ardoino said that the upcoming domestic stablecoin would be separate from the company’s existing international products, including USDT.

The company’s move to create a U.S. stablecoin comes in response to the growing demand for localized and compliant stablecoins within the U.S. crypto market. Several blockchain companies, including Circle and Paxos, operate dollar-pegged stablecoins that are used by crypto exchanges and DeFi protocols.