Tether Anticipates An Autonomous AI Economy Based On Bitcoin And USDT
The head of Tether envisions a radical future: one trillion AI agents conducting decentralized transactions with crypto assets Bitcoin and USDT. A profound transformation of the digital economy!
In Brief
- Tether foresees one trillion AI agents using crypto for autonomous exchanges by 2040.
- The company is investing in AI and blockchains to prepare for this decentralized economic future.
AI agents will explode the use of cryptocurrency according to Tether
The CEO of Tether Paolo Ardoino shared a bold vision on the Big Brain podcast by The Block. According to him, one trillion AI agents will use digital wallets to trade via stablecoins and Bitcoin within 15 years. He even states that each AI agent will have an autonomous wallet.
These intelligent entities, capable of interacting with each other without human intervention, would therefore become the new actors of automated commerce.
Ardoino rejects the idea that traditional banks like JPMorgan could host these entities. He bets instead on the financial autonomy of AI bots, made possible by assets like USDT. This crypto asset already dominates the market with over $155 billion in circulation.
He also cites the wallet-development kit launched by Tether to easily integrate these technologies into non-custodial solutions.
Tether aligns its crypto strategies with the rise of AI
Far from being a simple projection, Ardoino’s vision is supported by concrete initiatives. In April 2024, for example, Tether launched Tether Data. This is a structure dedicated to open source artificial intelligence. A month later, the company introduced Tether AI aiming to create an unstoppable peer-to-peer network of billions of AI agents.
These ambitions are emerging in a context of evolving regulation. This mainly refers to the two US bills on stablecoins. They are likely to be adopted by the end of summer. If these texts pass, the crypto sector’s value could exceed $2 trillion by 2028.
The rise of AI agents powered by crypto could thus redefine the global economy. A digital revolution where blockchain and automation unite in the service of intelligence!
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My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.