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Home News Blockchain

Tether’s New Product Offering Brings Non-Custodial Wallet Integrations to Users and AI Applications

12 November 2024
in Blockchain, News
Reading Time: 3 mins read
102 7
Tether’s New Product Offering Brings Non-Custodial Wallet Integrations to Users and AI Applications

Source: Tether

Tether has introduced a new Wallet Development Kit (WDK) that allows developers and businesses to easily integrate non-custodial Bitcoin and USDT wallets into their applications and websites. 

As announced, the WDK is tailored not only for people but also for digital entities, including AI agents, robots, and autonomous systems. Tether claimed the kit pays tribute to the “groundbreaking vision” outlined in the 2008 Bitcoin white paper, and it is designed to reinforce its dedication to decentralised, permissionless finance.  

WDK equips developers with tools that emphasise “user sovereignty” and control, according to the announcement. 

The kit offers a “non-custodial,” “modular & customizable” framework, which CEO Paolo Ardoino sees as crucial for creating “programmable, open, and resilient monetary systems.”

Ardoino revealed in an X post that the kit would first support Bitcoin and USDT, with future expansion planned for all blockchains backed by Tether’s stablecoins. He added that WDK will also include UI templates to make the wallet integration simpler across various platforms.

Tether’s push into AI technology continues to grow with the WDK, following the launch of its AI division in March, which focuses on open-source AI models that tackle practical issues. 

Ardoino has been vocal about decentralization’s role in fostering independent AI development, arguing that it counters the political and centralized control of major tech firms. In an August interview, the CEO mentioned that he views the current state of the industry as “heavily politicized.” He explained Tether’s investment strategy focuses on supporting AI projects that promote decentralization and financial freedom, especially those that challenge the prevailing norm.

Notably, the USDT issuer introduced its AI SDK, “Local AI,” at the Plan ₿ event in Lugano, Switzerland last month. The platform focuses on privacy, enabling AI models to be run locally on various devices.

Meanwhile, Ardoino has dismissed speculations that Tether plans to launch a proprietary blockchain, or “Tether Chain.” He emphasized the firm is commited to neutrality and multi-network integration, supporting $USDT as a gas fee option across Layer 2 solutions rather than a “centralized” network.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: AITether
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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