Tether CEO: AI to Use Bitcoin, USDT in 15 Years
Tether CEO Paolo Ardoino foresees a massive growth in machine-to-machine commerce, with USDT and Bitcoin at its core. He predicts that within the next 15 years, a trillion AI agents will utilize blockchain-based assets for transactions. Speaking on the Big Brain podcast, Ardoino emphasized the need for AI agents to have self-custodial wallets. These AI agents are seen as crucial components of an evolving digital economy, expected to heavily rely on cryptocurrencies. Ardoino mentioned Tether's wallet-development kit as a facilitative tool for this future. Despite skepticism about traditional banks onboarding autonomous bots, Ardoino believes AI agents will prefer stablecoins and Bitcoin. A study from the U.S. Treasury highlights the dominance of stablecoin transactions, with USDT leading the market. Ardoino's forecast arrives as the U.S. considers stablecoin regulations, which might enhance the sector's value significantly. Tether’s initiatives in AI, like Tether Data and Tether AI, aim to support this transformative shift.
FAQ
❓ What are AI agents?
AI agents are autonomous software bots capable of interacting with other machines without human oversight, expected to play a key role in digital commerce.
❓ Why are USDT and Bitcoin preferred by AI agents?
USDT and Bitcoin are preferred due to their widespread use and reliability in cryptocurrency transactions, enabling seamless exchanges between AI agents.
❓ What role does Tether play in AI development?
Tether is actively advancing AI development through initiatives like Tether Data and Tether AI, promoting open-source AI models and networking vast numbers of AI agents.