Tie, global stablecoin leader with $140 billion USDT, is preparing to launch a artificial intelligence platform (AI) in the first quarter of 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 USDT stablecoin, is taking a bold new step in the technology sector.
Paolo Ardoinoexecutive director of Tieannounced 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 world’s leading bullish and bearish cryptocurrency companies.
The announcement came through a post on X:
“I just received the draft site for the Tether AI platform. Coming soon, with the goal of completing it by the first quarter of 2025.”
writes Ardoino, implying that work on the project is already in an advanced phase.
Tether is universally recognized for its USDT stablecoin, which with a market capitalization of 140 billion dollars It is ranked as the most used in the cryptocurrency sector.
However, under Ardoino’s leadership, the company has expanded its reach, investing in sectors such as energy, payments, telecommunications and artificial intelligence.
Among the most significant moves, Tether has acquired a stake in North Datacompany specialized 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 Ardoino states:
“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
Tether’s entry into the world of artificial intelligence comes at a time when AI technology is gaining increasing relevance.
The applications of artificial intelligence range from data management to the personalization of services, offering potential synergies with the world of cryptocurrencies.
Ardoino stressed that this new platform represents only the first step of a much larger project:
“Our upcoming AI platform is just the beginning of a long journey that will see very significant investments by Tether in this sector. Our goal is to develop technological solutions that promote freedom, independence and resilience.”
In any case, Tether’s expansion is not limited to AI technology. Over the past year, the company has diversified its operations.
Specifically, initiating financing for the raw materials trading and reorganize 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 stablecoins.
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 technology companies.
In fact, both technologies 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 artificial intelligence platform could be used to improve transaction security, optimize data management or develop new tools for its users.