Tether, global leader of stablecoins with $140 billion USDT, is preparing to launch an artificial intelligence platform (AI) in Q1 2025. The innovation reflects the ambitious diversification strategy led by CEO Paolo Ardoino.
Let’s see all the details in this article.
Tether: Paolo Ardoino announces the launch of an AI platform for the first quarter of next year
Tether, the company that has revolutionized the cryptocurrency market with the stablecoin USDT, is taking a new bold step in the technology sector.
Paolo Ardoino, CEO of Tether, announced that the company will launch an artificial intelligence (AI) platform in the first quarter of 2025. This marks a new phase of growth and diversification for one of the leading bull and bear cryptocurrency companies in the world.
The announcement came via a post on X:
“I just received the draft of the site for Tether’s AI platform. Coming soon, with the goal of completing by Q1 2025,”
wrote Ardoino, implying that the work for the project is already at an advanced stage.
Tether is universally recognized for its stablecoin USDT, which with a market capitalization of 140 billion dollars ranks as the most used in the cryptocurrency sector.
However, under Ardoino’s leadership, the company has expanded its scope, investing in sectors such as energy, payments, telecommunications, and artificial intelligence.
Among the most significant moves, Tether has acquired a stake in Northern Data, a company specializing in artificial intelligence and cloud computing.
This investment has highlighted the company’s growing interest in emerging technologies, a sector that offers unlimited opportunities for innovation and growth, as stated by Ardoino:
“Artificial intelligence represents the future, not only for the technology sector, but for all industries. With this platform, we want to be protagonists of this revolution.”
A rapidly evolving sector
The entry of Tether into the world of artificial intelligence occurs at a time when AI technology is gaining increasing relevance.
The applications of artificial intelligence range from data management to service personalization, offering potential synergies with the world of cryptocurrencies.
Ardoino emphasized that this new platform represents only the first step of a much larger project:
“Our next artificial intelligence platform is just the beginning of a long journey that will see very significant investments from Tether in this sector. Our goal is to develop technological solutions that promote freedom, independence, and resilience.”
In any case, the expansion of Tether is not limited to AI technology. Over the past year, the company has diversified its operations.
Specifically, by initiating financing for the commercio di materie prime and reorganizing its corporate structure to adapt to an increasingly competitive and rapidly evolving market.
This strategy reflects a fundamental change in the company’s business model, which aims to reduce dependence on the issuance of stablecoin.
With artificial intelligence and other strategic investments, Tether aims to establish itself as a key player in the global technology landscape.
Cryptocurrencies and AI: a winning combination
As mentioned, the intersection between cryptocurrencies and artificial intelligence represents an area of great interest for many tech companies.
Both technologies indeed offer innovative solutions to complex problems and have the potential to radically transform sectors such as finance, healthcare, and logistics.
For Tether, this combination paves the way for new opportunities. An AI platform could be used to enhance transaction security, optimize data management, or develop new tools for its users.
