A new post from Tether CEO Paolo Ardoino suggests that Peer-to-Peer Artificial Intelligence (AI) agents that are powered by United States dollar-pegged stablecoin USDT may launch soon.
Tether To Revolutionize Operations With AI
In his X post, Ardoino talked about P2P AI agents that are powered by USDT and LN Payments. Despite the long expectation of the Tether AI update, Ardoino confirmed that the pieces are all coming together.
By this statement, the Tether CEO might be hinting at a new project that his company has undertaken, one that has to do with burgeoning technology. Furthermore, Ardoino expressed his desire to see his agent use local private AI. He also wants the same for his BCI, car, and robot.
P2P AI agents, powered by USDT and LN payments 🍐🍐🤖All the pieces are coming together.
I want my personal agent to use local private AI.I want my BCI to use local private AI.Same for my car and robot.
— Paolo Ardoino 🤖🍐 (@paoloardoino) July 21, 2024
This follows Tether’s initial launch of ‘Tether Data,’ a new division focused on pioneering open-source, multimodal AI models. Precisely, this program targets the use of AI solutions in commercially driven products, which the industry has been requesting in terms of more transparency and privacy.
Also, Tether CEO revealed the company’s plan to invest over $1 billion in the coming 12 months into the AI and Biotech sectors.
Ardoino’s desires adds to the increasing demand for AI-enabled solutions across several sectors. Most importantly, it highlights the interest of key industry players in AI integration with crypto.
Integrating AI And Crypto
Circle CEO Jeremy Allaire recently hinted at how AI and crypto ledgers could drive the growth of the United States Gross Domestic Product (GDP). He acknowledged the efforts being made by Bankers to lower interest rates in a bid to boost the economy. However, he did not think it was going to work, given the current digital climate.
While lowering interest rate could reduce the cost of borrowing, it could also spur industrialists to land more capital to build new products that can trigger economic boom. Hence, he stated that AI and crypto innovations like digital ledgers, compute, proofs and credentials can introduce efficient risk intermediation. He concluded by saying the integration of AI into almost all sectors is a strength that crypto can use to make crucial changes.
The U.S. Federal Reserve have also taken note of the potentials of AI. The central bank believe that AI may trigger a boost in the economy in different innovative ways.
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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin
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