Tether is pushing beyond its role as a backend stablecoin issuer and moving directly to the end user.
On December 20, Paolo Ardoino, the firm’s CEO, disclosed that he was hiring a Lead Software Engineer to build a self-custodial mobile wallet that integrates the company’s massive liquidity with its nascent artificial intelligence division.
Tether’s Planned Mobile Crypto WalletThe recruitment posting offers the most specific look yet at Tether’s consumer strategy.
Ardoino envisions a “100% self-custodial” mobile application designed to serve as a fortress for a strict asset basket.
Unlike general-purpose wallets that support thousands of speculative tokens, Tether’s product will support only four assets. These include Bitcoin (BTC) via the Lightning Network, Tether (USDT), the gold-pegged XAUT, and USAT, the firm’s new US-compliant stablecoin.
Imagine a wallet that supports only BTC (also via LN), USDT, USAT, XAUT.
And will have local private AI integration via QVAC. https://t.co/BCyqjob1Sh