Tether plans AI tools for users in developing markets, CEO says

Tether is pushing beyond stablecoins with plans for lightweight AI applications aimed at users in developing markets, leveraging a distribution network that CEO Paolo Ardoino said now reaches more than 650 million people worldwide. The issuer of USDT, the world's largest stablecoin, wants practical tools for health, personal finance and sports that can run on ordinary smartphones, especially in Africa, South America and other markets where mobile devices are the main gateway to digital services and USDT is used as an alternative to unstable local currencies. The effort builds on a developer-grants program launched earlier this year for local-first AI and payment infrastructure and fits a broader strategy in which Ardoino said Tether sees itself as a digital-dollar and digital-gold business expanding into decentralized communications, energy and artificial intelligence. No products, pricing, business model or launch date have been disclosed.

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