Tether Launches Open-Source Wallet Development Kit

Tether, the company behind the world’s leading stablecoin USDT, has launched WDK, a Wallet Development Kit. According to a post on X, this is an important step in the company’s strategy for digital finance. 

Details and Benefits of the Tether WDK

WDK is an open-source and self-custodial toolkit. It helps developers, businesses, machines, and even Artificial Intelligence (AI) agents create secure and scalable digital wallets. WDK focuses on being strong, independent, and scalable. 

It also supports tasks like payment processing, savings, swaps, and integrates with many smart AI agents. This makes WDK not just a toolkit for developers, but also an essential part of the future of digital finance.

Interestingly, WDK is built to be flexible, allowing developers to customize wallet features for different needs, whether for individuals, businesses, or machines. Users have full control over their assets. This meets the growing demand for privacy and decentralization in the Web3 space.

Notably, WDK supports multiple assets, including Bitcoin (BTC), the Lightning Network, Tether (USDT), Tether Gold (XAUT), USAT, and more. This variety of supported currencies and networks allows developers to create wallets that cater to both regular crypto users and large businesses.

Tether Has Big Plans to Raise $20 Billion

Tether is expanding its operations beyond the cryptocurrency industry. It is actively exploring opportunities in sectors such as Bitcoin mining and is not limited to energy infrastructure. Looking at global expansion, CEO Paolo Ardoino highlighted Africa as a key market. The industry leader hopes the company will scale up to 100,000 to 150,000 kiosks by 2030.

That would create a massive economy around USDT and the dollar, which is of significant interest in the region. These plans reflect Tether’s ambition to not only advance digital finance but also contribute to tangible infrastructure growth in emerging markets.

Recently, Ardoino mentioned that Tether is in discussions with investors to raise $20 billion at a valuation of $500 billion. This was after the company earned about $13 billion in 2024. 

Most recently, Bitwise CIO Matt Hougan predicted that Tether could eventually become the most profitable company in the world. Hougan made that prediction because of Tether’s massive profitability and unique business model.

Tether Doubles Down on Growth

There is no doubt that the stablecoin issuer is growing steadily and gaining more trust around the world as a reliable digital dollar provider. In July, Tether International publicly shared its financial report for the second quarter of 2025.

As revealed by the financial report, Tether issued over $13.4 billion in new USDT during Q2 2025. This brings the total stablecoin in circulation to over $157 billion, a $20 billion increase since the start of the year. The steady rise in demand shows that USDT is seeing constant widespread adoption.

Instead of holding back profits, Tether increased investments in long-term projects like XXI Capital and Rumble Wallet. Additionally, nearly $4 billion was directed toward U.S.-based infrastructure and innovative projects.