Tether, the company behind the widely-used stablecoin USDT, has announced its expansion into artificial intelligence with the development of a new platform designed to facilitate direct transactions using Bitcoin and USDT. This initiative aims to integrate decentralized finance with AI-driven tools, emphasizing user autonomy and privacy.
Decentralized Transactions via Tether AI
The forthcoming Tether AI platform will enable users to conduct peer-to-peer transactions in Bitcoin and USDT without relying on centralized intermediaries. Built upon Tether’s open-source wallet development kit (WDK) launched in November 2024, the platform allows developers to create self-custodial wallets across mobile, web, and desktop platforms, granting users full control over their crypto assets.
Strategic Shift Towards AI and Data Services
This move into AI is part of Tether’s broader strategy to diversify its offerings beyond stablecoins. In early 2024, the company restructured to establish multiple business units, including Tether Data, focusing on artificial intelligence and peer-to-peer technologies. The Tether AI platform is expected to serve as the foundation for various applications, such as AI-powered translation services, voice assistants, and Bitcoin wallet assistants, all designed to operate without intermediaries.
By integrating AI with decentralized finance, Tether aims to provide users with tools that enhance privacy and autonomy, challenging the traditional centralized models of AI service delivery.
