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Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 Debut
The company, known for its $140 billion U.S. dollar stablecoin USDT, has made significant efforts to expand beyond its stablecoin operations this year.
What to know:
Tether aims to debut an artificial intelligence platform in Q1 2025, CEO Paolo Ardoino said in an X post on Friday.
The company issues the $140 billion USDT stablecoin, and recently invested in several sectors including AI to expand beyond stablecoin issuance.
Tether, the crypto company behind the $140 billion cryptocrrency USDT, is working on an artificial intelligence (AI) platform and aiming to debut early next year, according an X post by CEO Paolo Ardoino.
"Just got the draft of the site for Tether's AI platform. Coming soon, targeting end Q1 2025," Ardoino posted on Friday.
Tether is known for issuing USDT, the most popular stablecoin in the market, but the company recently made significant efforts under Ardoino's leadership to expand its business beyond stablecoin issuance.