Tether Launches Development Kit for Non-Custodial Wallets on AI and User Platforms

Last Updated on December 19, 2024

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Person holding cellphone with logo of Tether on screen in front of business webpage. Source: Timon - stock.adobe.com

Key Takeaways:

  • Tether launched an open-source wallet development kit (WDK) to support non-custodial wallet integration across AI and human-operated platforms.
  • The WDK enables Bitcoin and USDT wallet functionalities without third-party custodians, targeting embedded devices, mobile apps, websites, and AI systems.
  • Tether leads the stablecoin market with a 68% market share, actively facilitating large-scale USDT transfers and maintaining substantial reserves in Treasuries, Bitcoin, and gold.

Tether, a major stablecoin provider, has launched an open-source wallet development kit (WDK) to allow businesses and developers to integrate non-custodial wallet capabilities into apps, websites, and devices, including those using AI.

Announced on November 11, the WDK is a modular software toolkit that supports seamless integration of non-custodial wallets for Tether (USDT) and Bitcoin (BTC), providing users with control over their assets without relying on third-party custodians.

The kit’s adaptability extends to various platforms, from mobile apps to AI and robotic interfaces.

CEO Paolo Ardoino highlighted the WDK’s open-source and scalable libraries, emphasizing their ease of integration.

The kit will initially support Bitcoin and Tether, with plans for user interface templates to help developers create non-custodial wallet experiences.

This aligns with Tether’s commitment to decentralization and user autonomy in asset management.

Currently, Tether dominates the stablecoin market, holding a 68% share with $124 billion in USDT on the Tron and Ethereum networks.

Its substantial reserves, including U.S. Treasurys, Bitcoin, and gold, underscore its focus on asset-backed stability.

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