The CEO of Tether spoke about the company’s plans to create affordable AI services

8/18/2026, 08:35 AMЕвгения Слив

Tether is moving beyond the cryptocurrency sector and delving into the field of artificial intelligence, seeking to provide simple and affordable AI tools to users in developing countries. CEO Paolo Ardoino stated that the company intends to create practical applications in such areas as healthcare, finance, and sports. The main focus will be on services that can run on ordinary smartphones, rather than on cutting‑edge and resource‑intensive models. This will make it possible to reach users with limited access to modern digital infrastructure..

In an interview with Fortune, Ardoino noted that he views artificial intelligence as a natural extension of Tether’s presence in regions such as Africa and South America. According to the company, the audience for its products has already exceeded 650 million people worldwide. It is precisely these scales that determine the new positioning of the business. The company’s leader emphasized that Tether no longer considers itself exclusively a cryptocurrency company, but positions itself as an issuer of a digital dollar and digital gold. The USDT stablecoin remains the main product, especially in countries where people use dollar‑pegged assets to protect themselves from inflation and the instability of local currencies.. Over the past two years, Tether has invested in decentralized communication systems, agriculture, and solar energy. Artificial intelligence has become the latest area in which the company hopes to leverage its global network and financial capabilities. Ardoino has not yet disclosed the details of monetizing the new services, but one possible model involves small periodic payments in digital currencies for access to applications. The expansion of operations is built around the concept of accessibility, while the company’s head warns that inequality in access to AI technologies could exacerbate existing economic disparities.

Tether’s expansion into new business areas is taking place against the backdrop of successfully resolving issues related to the transparency of reserves. Recently, the auditing firm KPMG conducted an audit of the issuer’s assets, including approximately 150 tons of gold stored in Switzerland. The audit confirmed that Tether’s reserves exceed its liabilities by 6.8 billion dollars. The issuance volume of the USDT stablecoin currently amounts to about 183 billion dollars. A successful audit gives the company more opportunities to focus on the next stage of development and to use its global network to expand its innovative infrastructure.

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