USDT Issuer Tether Unveils AI SDK Platform Boosting Crypto Trading
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Tether, the issuer of the USDT stablecoin, has announced the development of an open-source AI Software Development Kit (SDK) platform. Paolo Ardoino, Tether’s Chief Technology Officer, revealed that the platform is built on Holepunch’s Bare JavaScript runtime and is designed to support AI-driven applications, including translation tools, voice assistants, and Bitcoin wallet assistants. Tether Introduces AI SDK Platform to Enhance Crypto Applications Paolo Ardoino, Tether’s CEO, announced the launch of the AI SDK platform via Twitter. The AI SDK is built on the Bare JavaScript runtime, enabling compatibility with multiple hardware systems, including embedded devices. This open-source platform aims to facilitate the integration of artificial intelligence into cryptocurrency-related applications. The AI SDK will support various functionalities such as AI translation, AI voice assistants, and AI Bitcoin wallet assistants. These tools are expected to enhance accessibility for crypto transactions, making interactions more efficient and user-friendly. Amid the growing artificial intelligence industry, Meta has introduced the Frontier AI Framework to mitigate risks associated with AI technologies. The framework categorizes AI risks as high-risk and critical-risk, restricting development based on severity. AI SDK Announcement Triggers Market Reaction Following Tether’s announcement, cryptocurrency trading activity surged. USDT trading volume increased, reaching $154.7 billion across major exchanges. AI-related tokens also experienced a price jump, with SingularityNET AGIX rising by 5% to $0.37. These shifts indicate heightened interest in AI-driven developments within the cryptocurrency sector. Developments in artificial intelligence have been impacting the AI coins market, causing notable price fluctuations. In a recent CoinGape report, top AI coins like NEAR, ICP, RENDER, and FIL dropped 8-10% as China’s DeepSeek disrupted the industry with low-cost AI models. On-Chain Activity Shows Growing Interest On-chain data revealed an increase in active addresses for USDT, rising from 350,000 to 410,000 within hours of the announcement. This trend suggests broader participation in…
Filed under: News - @ February 5, 2025 2:23 am