Next year, Tether is planning to launch its own artificial intelligence platform

At a time when the business is raking in net earnings of more than $10 billion this year, Tether is planning to introduce the artificial intelligence platform during the first quarter of 2025.

In the next year, Ardoino has said that at least half of the income would be committed to artificial intelligence and other expenditures.

In the next year, we want to invest at least fifty percent of the earnings that we have made. The commencement of our investment is just around the corner.

USDT has a market valuation of over $140 billion, according to data from CoinMarketCap. This is an almost $50 billion increase over the course of this year. During the rally in the cryptocurrency market, which saw Bitcoin (BTC) break above the six-digit barrier, there was a rise in demand for the dollar-pegged asset.

According to a study that was released earlier this month by Tether, the number of wallets that carry USDT increased by 71% in the year 2024.

According to the company, there were 109 million on-chain wallets carrying USDT at the beginning of the fourth quarter of 2024. This is more than twice as many wallets holding Bitcoin as there were holding USDT. Additionally, USDT continues to be the most widely used stablecoin because to the fact that it has four times more wallets than all of the other stablecoins placed together.

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