Tether CEO Paolo Ardoino Announces AI Platform Targeting Early 2025 Launch
The company, known for its $140 billion USDT stablecoin, has been making significant efforts to expand beyond its stablecoin operations this year.
Tether, the company behind the $140 billion USDT cryptocurrency, is working on an artificial intelligence (AI) platform and is aiming to debut early next year, according to a post by X CEO Paolo Ardoino. “I just got the draft site for Tether’s AI platform. Coming soon, targeting end of Q1 2025,” Ardoino posted on Friday. Tether is best known for issuing USDT, the most popular stablecoin on the market, but the company has recently made significant efforts under Ardoino’s leadership to expand its business beyond issuing stablecoins. Read more: Tether’s Paolo Ardoino: Building Beyond USDT It has invested in companies across sectors including energy, payments, telecoms and artificial intelligence, entered commodity trade finance and reorganized its corporate structure earlier this year to reflect its expanded focus.
