
Tether, the leading stablecoin provider, has reported a record $13 billion in revenue for the past year, according to CEO Paolo Ardoino. In a recent interview at the Plan B conference in El Salvador, Ardoino discussed Tether's strategy to maintain its dominance in the stablecoin market amidst increasing competition. He highlighted the development of artificial intelligence (AI) applications and an open-source AI software development kit (SDK) focused on privacy and self-custody. The company is set to launch Tether Data by March 2025, which will include AI-powered translation services, voice assistants, and a Bitcoin wallet assistant. Ardoino also expressed concerns about potential risks in the European market, warning that a situation similar to the de-pegging of USDC could occur following the implementation of the MiCA framework, particularly affecting small European banks that facilitate crypto transactions.
.@Tether_to's new AI tech translates brain signals into speech https://t.co/q5PaYfZFkW
Tether Is Building AI Apps & An Open-Source SDK Platform https://t.co/Ib8yA72lHf
.@Tether_to dismisses blockchain rumors, doubles down on AI innovation https://t.co/iHx4sDJvQn https://t.co/DijvLa4yXW


