Published: Feb 5, 2025 at 12:45 PM
Updated: Feb 5, 2025 at 12:04 PM
- Tether’s AI SDK enhances crypto apps with AI-driven tools and assistants.
- USDT trading volume surged to $154.7B after Tether’s AI SDK announcement.
- Active USDT addresses increased from 350K to 410K, showing strong interest.
Tether has developed an open-source AI Software Development Kit (SDK) to integrate artificial intelligence into cryptocurrency applications. The platform is built on Holepunch’s Bare JavaScript runtime, making it compatible with multiple hardware systems. Tether’s Chief Technology Officer Paolo Ardoino confirmed that the AI SDK will support AI-driven tools. These include translation services, voice assistants, and Bitcoin wallet assistants.
The announcement increased trading activity across major cryptocurrency exchanges. USDT’s trading volume surged to $154.7 billion as investors responded to the AI SDK launch. AI-related tokens also gained momentum, showing renewed interest in artificial intelligence applications.
SingularityNET’s AGIX token rose 5% to $0.37 after the AI SDK announcement. Other AI tokens demonstrated market volatility due to recent developments within the artificial intelligence space. The blockchain and artificial intelligence integration continues to develop more strongly with each project launch.
On-chain activity revealed a rise in active USDT addresses following the AI SDK announcement. Its active addresses grew from 350,000 to 410,000 addresses during a short period of time. Active users within Tether’s system continue to grow following AI advancements.
Technical indicators signal continued interest in AI-related projects. AGIX’s Moving Average Convergence Divergence (MACD) displayed a bullish signal, reflecting strong market momentum. Analysts predict that AI-driven blockchain applications will gain more traction in the coming months.
The company achieved a $13 billion profit for 2024 through its investments in Bitcoin, gold and U.S. Treasuries. Tether expanded its Bitcoin holdings to 84,000 BTC which strengthened its crypto market dominance. The U.S. treasury reserves of Tether expanded to total $94.5 billion.
The AI SDK launch seeks to boost cryptocurrency applications through artificial intelligence-driven integration. The new platform could improve transaction efficiency and user experience across blockchain-based services.
Tags:AI SDK Blockchain Crypto market cryptocurrency MACD Paolo Ardoino Tether USDT
Austin Mwendia is a seasoned crypto writer with expertise in blockchain technology and finance. With years of experience, he offers insightful analysis, news coverage, and educational content to a diverse audience. Austin’s work simplifies complex crypto concepts, making them accessible and engaging.
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