Tether CEO Shows Preview of AI Wallet Assistant and Translation Tools

TLDR

• Tether CEO Paolo Ardoino revealed preview clips of three AI applications: a translator, voice assistant, and Bitcoin wallet assistant
• The Bitcoin wallet assistant can check balances and execute transactions through voice commands
• The AI features will work locally on devices with “full privacy” and self-custody of data and funds
• These apps will be part of Tether Data, the company’s upcoming open-source AI SDK Platform
• Tether plans to launch its AI platform in Q1 2025 as part of its expansion beyond stablecoin services

Tether, the company behind the world’s largest stablecoin, has pulled back the curtain on its newest venture: artificial intelligence applications for crypto users. CEO Paolo Ardoino shared preview clips of three AI tools currently in development, marking the company’s first concrete steps into the AI space.

The preview showcases three distinct applications: an AI translator, a voice assistant, and a Bitcoin wallet assistant. These tools represent Tether’s efforts to expand beyond its core stablecoin business and into the growing field of AI-powered financial services.

In the demonstration clips, the Bitcoin wallet assistant, dubbed the Tether Payment Agent, showed its ability to handle basic wallet management tasks through voice commands. Users can ask the assistant to display wallet addresses, check Bitcoin balances, and view recipient information stored in their address book.

The wallet assistant demonstrated its transaction capabilities by executing a Bitcoin transfer upon voice command. After receiving instructions, the AI assistant processed a transfer of 0.001 BTC and provided the user with a transaction ID, showing how voice commands could simplify crypto transactions.

Ardoino emphasized that privacy and user control remain central to these new tools. The AI applications are designed to run locally on users’ devices, allowing them to maintain full control over both their data and funds through self-custody arrangements.

Tether Data, preview of some of the AI apps we're developing: AI translate, AI voice assistant, AI bitcoin wallet assistant.

Tether will launch soon its own AI SDK platform, open-source, built upon Bare (Holepunch's javascript runtime), working on every hardware, from embedded… pic.twitter.com/W5JFmoVcnh

— Paolo Ardoino (@paoloardoino) February 4, 2025

These new applications will be integrated into Tether Data, the company’s upcoming AI Software Development Kit (SDK) Platform. The platform will be open-source and built using Holepunch’s javascript runtime, known as Bare.

The development of these AI tools follows Tether’s earlier announcements about its AI initiatives. In December 2024, Ardoino revealed plans to launch the company’s AI platform during the first quarter of 2025, setting a timeline for the public release of these features.

Tether’s move into AI development began taking shape in March 2024, when the company established a dedicated division for developing open-source AI models. This team also works on partnerships with other companies to integrate these models into various products.

The company has been laying the groundwork for its AI ventures through strategic investments. In 2023, Tether continued its investment in Northern Data, a cloud computing and AI startup, showing early commitment to building AI capabilities.

While USDT, Tether’s stablecoin, remains the primary revenue source for the company, these new AI tools represent part of a broader expansion strategy. The company has already ventured into Bitcoin mining and is now adding AI development to its portfolio.

The AI tools are being developed with compatibility in mind, designed to work across different hardware platforms. This approach aims to make the technology accessible to a wider range of users.

No specific launch date has been announced for the individual AI applications shown in the preview. The company continues to develop these tools as part of its larger AI platform initiative.

The development of these AI applications comes as Tether positions itself to compete in the AI sector. Ardoino has expressed interest in challenging established tech companies in the AI space.

Technical details about the AI models and their capabilities remain limited at this stage. The company has yet to release specifics about the underlying technology powering these applications.

The preview demonstrates the potential for AI to simplify crypto transactions and wallet management, traditionally complex aspects of cryptocurrency use. These tools could make crypto more accessible to newer users.

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