Tether, the firm behind the largest stablecoin USDT, is expanding its technological footprint with the launch of Tether AI, CEO Paolo Ardoino announced.
The firm is working on an open-source AI runtime that aims to operate on any hardware or device and integrate with crypto payments via Tether’s Wallet Development Kit (WDK), Ardoino said.
This comes as AI-related discussions dominate the crypto sector. AI agents powered by LLMs are increasingly used to perform tasks such as enabling crypto payments and natural language processing to analyze market trends and real-time data.
Ardoino said that the firm's AI product will also potentially integrate its peer-to-peer communication app, Keet, as well as other data tools.
"A fully open-source AI runtime, capable of adapting and evolving on any hardware and device, no API keys, no central point of failure, fully modular and composable, WDK-infused to enable USDT and Bitcoin payments," Ardoino said on X. "Tether AI tech will enable an unstoppable peer-to-peer network of billions of AI agents."
According to the official website for Tether AI, the product will be capable of running on any device or operating system, and it can be used to create a variety of AI agents for different purposes.
The company is also developing a new programming language for AI that is designed to be more efficient and powerful than existing languages.
Tether has been expanding its reach into the world of artificial intelligence over the past few years. In previous efforts to bolster its AI operations, Tether invested an undisclosed amount in the German data center operator Northern Data in September 2023. Two months later, Tether increased Northern Data's debt financing to $610 million, among other endeavors, The Block previously reported.
