DeFi Intel

Tether expands into AI, targeting 650M users wi...

Tether is integrating artificial intelligence tools aimed at its global user base of over 650 million, with CEO Paolo Ardoino emphasizing practical AI applications in health, finance, and sports that can run on basic smartphones, particularly in emerging markets. The move reflects Tether's shift from a crypto company to a digital dollar and infrastructure provider, backed by a $6.8 billion reserve surplus confirmed by KPMG. The company plans to leverage its extensive network and financial strength to expand AI services beyond its core stablecoin business.

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