Tether CEO confirms they are developing a mobile crypto wallet that integrates AI.

Tether CEO Paolo Ardoino recently confirmed on the social media platform X that the company is developing a mobile cryptocurrency wallet integrating artificial intelligence (AI) capabilities.

This upcoming product adopts a highly focused strategy in terms of asset support, currently confirming support only for Bitcoin (BTC), USDT, its newly launched stablecoin USAT, and the tokenized gold asset XAUT.

Core Functions and Features

According to Paolo Ardoino's disclosure, the wallet's design reflects several key considerations Tether has made regarding current market demands:

Focus on Core Assets: Unlike wallets supporting a wide range of assets, this product explicitly limits its support to four assets: BTC, USDT, USAT, and XAUT. Bitcoin will be integrated with the Lightning Network to support fast, low-cost payments.

Integrated Local Private AI: The most prominent feature of the product is its AI capabilities. The wallet will integrate "local private AI" through Tether's QVAC platform. This means that AI data processing will be performed on the user's device, aiming to better protect user privacy and transaction security.

Technical Architecture: The wallet's development will be based on two technologies launched by Tether itself: the open-source wallet development kit WDK and the decentralized AI platform QVAC. This indicates that Tether is attempting to build a vertical technology stack from infrastructure to end-user applications.

Product Positioning: Considering its supported asset classes (payment currencies, stablecoins, and gold as a store of value), the core positioning of this wallet is likely to revolve around "payments and value storage."

Project Progress and Strategic Intent

This product information disclosure is directly related to Tether's recent team building activities. Before Paolo Ardoino confirmed the product development, he had already posted a job advertisement on December 20th, recruiting a lead software engineer for this mobile crypto (and AI-driven) wallet. This move indicates that the project has entered a substantial development phase and is assembling a core engineering team.

Industry observers believe that launching a self-custodied mobile wallet and deeply integrating AI signifies that Tether is no longer content with being merely a stablecoin issuer, but is beginning to vertically integrate into a broader range of consumer fintech and end-user applications. By controlling the entire chain from the underlying stablecoin and AI platform to the end-user wallet, Tether aims to build a more sticky and competitive ecosystem.

The specific intelligent features this AI-integrated crypto wallet will offer (such as transaction analysis, security monitoring, and personalized asset management advice), as well as its official release date, are still pending further announcements from Tether. (Source: PANews)