Tether CEO Paolo Ardoino has dropped a teaser for an artificial intelligence (AI)-based product for decentralized applications. Dubbed Tether AI, the product may trigger a spike in the volume of Bitcoin and USDT transactions upon launch.
Paolo Ardoino Hints At Imminent Tether AI Launch
Tether CEO Paolo Ardoino has signaled the impending launch of a decentralized AI infrastructure to revolutionize the payment landscape. According to an X post, Ardoino noted that Tether AI is “coming soon,” but a clear timeline for a commercial launch remains under wraps.
However, the CEO 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.
Firstly, Tether AI will be open-source and decentralized with the capability to “evolve” on any device without the need for API keys. Per the teaser, developers can choose the components of the offering for their products while enjoying the perks of easy integrations.
Tether, the issuer of the USDT stablecoin, is expanding its reach to new verticals to improve its offerings for customers. Despite dabbling in artificial intelligence, the Tether is still going head-to-head with USD1 and other stablecoin issuers for dominance.
Tether AI Will Power Bitcoin And USDT Transactions
Steeped in payments, Tether’s incoming infrastructure has its eye on turbocharging Bitcoin and USDT transactions. Tether’s wallet development kit (WDK) will support USDT and Bitcoin payments for AI agents.
Previous disclosures reveal that the offering will support billions of AI agents communicating and transacting with each other using Bitcoin and USDT. Use cases are far-reaching, with autonomous trading bots selling alphas to other bots and AI agents transacting energy usage using microtransactions.
“WDK infused to enable USDT and Bitcoin payments,” read the teaser. “Tether AI tech will enable an unstoppable peer-to-peer network of billions of AI agents.”
How Will It Affect BTC?
Tether AI’s solution will trigger 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. Tether is mulling the launch of a US-based stablecoin while minting $1B on Tron blockchain.
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