Tether Expands With Open-Source Platform Tether AI

Tether, the world’s leading stablecoin issuer, moves into the artificial intelligence (AI) sector. CEO Paolo Ardoino announced the launch of “Tether AI” on X. This new initiative aims to create an open-source AI environment that allows cryptocurrency payments, specifically using Bitcoin and USDT, without depending on centralized systems.

Tether AI and Its Benefit in the Crypto Space

Ardoino affirmed that the new AI platform will promote decentralization, security, and transparency. Tether AI will operate without a single point of failure, making it different from many current AI services that rely on cloud providers and centralized data sources. Tether plans to combine decentralized finance (DeFi) with artificial intelligence, enhancing both areas.

The upcoming platform will integrate with Keet, a peer-to-peer chat app built with the Holepunch platform. Keet allows users to communicate securely without servers. 

With this integration, Tether AI aims to enable users to chat safely and in real time while using AI tools, protecting their privacy and keeping things decentralized. However, the company has not yet revealed which AI models or computing frameworks it will use.

Tether Expands Its AI Ambitions

In February, Tether Data, the firm’s AI division, started developing several innovative applications, including AI Translate, AI Voice Assistant, and an AI-powered Bitcoin Wallet Assistant. 

These AI-driven solutions aim to enhance user experiences by introducing smarter, autonomous tools that operate locally on any device.

Notably, Tether’s foray into AI isn’t new. In 2023, the company acquired a stake in Northern Data Group, a European cloud computing and AI specialist. The move laid the foundation for its AI initiatives. By the end of 2024, Tether had launched a global recruitment drive, signaling its intention to lead in AI-driven innovation.

Tether Reports Strong Q1 Growth

Interestingly, the leading stablecoin issuer reported strong financial reports of over $1 billion in profit for the first quarter of 2025. This update also comes as Tether now operates under new government rules in El Salvador.

As reported by TheCoinRise, Tether’s growing exposure to U.S. Treasury securities is one of the report’s biggest highlights. 

The total value of these holdings is now close to $120 billion, the highest in the company’s history. Furthermore, Tether earned over $1 billion operating profit during Q1 2025. It is worth noting that Tether’s gold holdings played a pivotal role. When the crypto market became unstable, gold helped balance the company’s earnings.