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On Tue, 12 Nov, 8:02 AM UTC
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[1]
Tether Unveils WDK Toolkit To Create Self-Custody Wallets For AI And Robots
WDK will add UI templates and support for all blockchains backed by Tether's stablecoins. Tether has introduced the Wallet Development Kit (WDK), an open-source, self-custodial toolkit for developers to create Bitcoin and Tether (USDT) wallets. Designed to provide financial autonomy, WDK by Tether supports both human and AI-driven entities, enabling them to manage their assets independently. The toolkit focuses on creating resilient wallet solutions that function in both stable and volatile markets, giving users control over their digital assets. In its latest advancement, Tether, the issuer of USDT stablecoin, has introduced the Wallet Development Kit (WDK), an open-source toolkit for supporting self-custody wallets for both humans and AI entities. The WDK toolkit allows developers to create Bitcoin and USDT wallets that function across a variety of platforms, from mobile devices to AI systems. This fosters seamless asset control for both people and digital entities. Moreover, WDK offers developers the flexibility to build custom wallet experiences. This toolkit provides a foundation for developers seeking to create advanced, secure wallet solutions for the future, especially in a world where the need for self-custody tools is growing among humans and machine-driven applications. In addition, WDK is designed with modularity and scalability in mind, allowing it to adapt to different platforms. This adaptability gives developers the freedom to create wallet suited to their unique needs. Supporting both Bitcoin and USDT, WDK is suited for different operating environments, from everyday applications to more complex digital landscapes. Concurrently, Tether's open-source design encourages contributions, allowing developers to build and expand on its capabilities. Commenting on this major development, the stablecoin issuer CEO said, "With WDK b Tether we can build programmable, open, and resilient monetary systems that connect people, machines, robots, families, communities, AI agents, societies, and even planets, to remain in control of our financial destiny." WDK plans to extend compatibility to all blockchains supported by Tether's stablecoins. This expansion will broaden USDT's interoperability, making it a versatile choice for cross-chain developers. Additionally, Tether CEO Paolo Ardoino added that they will soon offer UI templates, streamlining the deployment of wallet solutions on all platforms. With these future enhancements, WDK will provide a comprehensive toolkit for building robust, decentralized wallet applications across the blockchain. This compatibility will help developers address the rising demand for decentralized financial tools in both traditional and emerging digital environments.
[2]
Tether launches open-source wallet development kit for humans and AI
The world's largest stablecoin issuer, Tether, has launched an open-source wallet development kit (WDK) to enable businesses and developers to integrate non-custodial wallets into any website or app -- and it's even designed to work with AI agents. On Nov. 11, Tether announced the launch of its WDK Wallet Development Kit, which it described as a modular software development kit "designed to empower businesses and developers to seamlessly integrate non-custodial wallets and user experiences for USDT and Bitcoin in any app, website, and device." The WDK has been designed to support both human users and "embrace new digital beings like AI agents, robots and autonomous systems," the firm stated. Key features of the WDK include giving users full control over non-custodial assets, eliminating reliance on third-party custody solutions and a simplified setup process. On X, Paolo Ardoino, CEO of Tether, said the focus was on "open-source, super-modular, highly scalable and battle-tested development libraries that are easy to integrate on any platform." He said that it was compatible with all systems "from embedded devices to mobile, from laptop apps to websites, and from AI agents to robotic brains." He added that it will initially support Bitcoin (BTC) and Tether (USDT) but will soon be expanded to offer "UI templates for any platform to build any non-custodial user experience." Related: Unsubstantiated Tether investigation report shakes crypto market Tether is the world's largest stablecoin, with a circulation of $124 billion USDT, giving it a market share of 68% among stablecoins, according to CoinGecko. The lion's share of those stablecoins, around 120 million, are split between the Tron and Ethereum networks. It moved more than 2 billion USDT to Ethereum on Nov. 6 on behalf of a large exchange that wanted to transfer its holdings from cold wallets to Ethereum. In late October, Ardoino revealed that the company holds about $100 billion in US Treasurys, more than 82,000 Bitcoin, and 48 tons of gold as reserves to back its stablecoin. Tether's closest rival, Circle, has a market share of 20% with almost $37 billion in USD Coin (USDC) in circulation.
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Tether introduces an open-source Wallet Development Kit (WDK) for creating self-custody wallets, designed for both human users and AI entities. The toolkit aims to provide financial autonomy and supports Bitcoin and USDT across various platforms.
Tether, the world's largest stablecoin issuer, has unveiled its Wallet Development Kit (WDK), an open-source toolkit designed to revolutionize the creation of self-custody wallets for both humans and AI entities 12. This innovative solution aims to provide financial autonomy and seamless asset control across various platforms, from mobile devices to AI systems.
The WDK is a modular software development kit that enables businesses and developers to integrate non-custodial wallets for USDT and Bitcoin into any app, website, or device 2. Key features include:
Paolo Ardoino, CEO of Tether, emphasized the toolkit's focus on being "open-source, super-modular, highly scalable, and battle-tested," making it easy to integrate on any platform 2.
While the WDK currently supports Bitcoin and USDT, Tether plans to extend compatibility to all blockchains supported by its stablecoins 1. This expansion will significantly broaden USDT's interoperability, making it a versatile choice for cross-chain developers.
Future enhancements include:
The introduction of the WDK comes at a time when Tether holds a dominant position in the stablecoin market. With a circulation of $124 billion USDT and a 68% market share among stablecoins, Tether's influence in the crypto ecosystem is substantial 2.
The company's reserves, as revealed by Ardoino, include:
These reserves serve to back the USDT stablecoin, providing a strong foundation for the WDK's potential impact on the market 2.
By designing the WDK to support both human users and AI-driven entities, Tether is positioning itself at the forefront of the evolving digital landscape. This approach addresses the growing demand for decentralized financial tools in both traditional and emerging digital environments 1.
As the crypto industry continues to evolve, tools like the WDK may play a crucial role in shaping the future of digital asset management and financial autonomy for a diverse range of users and entities.
Reference
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Tether, the company behind the USDT stablecoin, announces Tether AI, an open-source artificial intelligence platform that will support Bitcoin and USDT payments. The platform aims to merge cryptocurrency with AI technology through decentralized applications.
5 Sources
5 Sources
Tether, the leading stablecoin issuer, is expanding into AI with a new suite of products called Tether Data. The company's CEO has teased an AI-powered Bitcoin wallet assistant and other AI applications, signaling a significant move into the AI space.
2 Sources
2 Sources
Tether, the leading stablecoin issuer, announces plans to launch an AI platform in Q1 2025 while projecting $10 billion in profits for 2024. The company is expanding its investments and considering growth in the US market.
2 Sources
2 Sources
WallitIQ, a new AI-driven cryptocurrency wallet, is gaining traction among major cryptocurrency investors, potentially signaling a shift in the digital asset management landscape.
10 Sources
10 Sources
Rezolve AI partners with Tether to integrate cryptocurrency payments into everyday shopping, potentially transforming the retail landscape. This collaboration comes as the Trump Administration designates cryptocurrency as a national priority.
3 Sources
3 Sources
