- Tether is developing an open-source AI SDK to enhance AI-driven applications like voice assistants, translation tools, and Bitcoin wallet assistants.
- The company is integrating USDT with Bitcoin through the Lightning Network to boost transaction speed, scalability, and real-world adoption.
- Tether continues to dominate the stablecoin market, with a market cap of $140.49 billion and strong liquidity backed by high trading activity.
Tether, the issuer of the USDT stablecoin, is expanding its operations beyond digital assets by introducing an open-source AI software development kit (AI SDK). The company’s Chief Technology Officer, Paolo Ardoino, announced the initiative, which will be based on Holepunch’s Bare JavaScript runtime.
AI SDK to Enhance Crypto Services
Tether’s AI SDK is designed to support a range of AI-driven applications, including translation services, voice assistants, and Bitcoin wallet assistants. The toolkit aims to improve user interactions with digital assets by simplifying communication and transaction processes.
The open-source nature of the AI SDK will allow developers to create and customize solutions tailored to different platforms. It is expected to work seamlessly across various devices, from embedded systems to large-scale applications, broadening its potential use cases within the crypto ecosystem.
Expanding Bitcoin Integration with Lightning Network
Alongside the AI SDK, Tether is working to integrate its USDT stablecoin with Bitcoin via the Lightning Network. This development seeks to enhance transaction speed, scalability, and security while ensuring USDT can operate efficiently within the Bitcoin network.
The integration will be supported by Taproot Assets, a protocol designed to facilitate asset fungibility within Bitcoin’s infrastructure. Lightning Labs, the development team behind the Lightning Network, will oversee the technical implementation. The goal is to create practical use cases for remittances, digital payments, and cross-border transactions.
Strengthening Market Position Amid Growth
Following these announcements, Tether maintains its leading position in the stablecoin market with a market capitalization of $140.49 billion. The circulating supply of USDT stands at 140.47 billion, reflecting strong adoption and liquidity.
Market activity remains high, with a 24-hour volume-to-market-cap ratio of 101.25%. The price of USDT continues to hover near its $1 peg, fluctuating slightly between 1.0001 and 1.0011. These metrics highlight the stablecoin’s resilience and demand in the crypto space.
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