– Tether CEO Paolo Ardoino shares QVAC Translate AI application preview – QVAC ecosystem focuses on privacy with local device AI operation – QVAC SDK enables decentralized AI agent creation for peer-to-peer network – Expansion into physical hardware with AI-integrated QVAC Keyboard – Tether holds 60% stablecoin market share with $171 billion market cap – Competition from major tech firms like Cloudflare in AI stablecoin space
Tether's Expansion into AI
- Tether CEO Paolo Ardoino shared updates on the "QVAC Translate" app, part of Tether's push into AI.
- The QVAC initiative focuses on "Local AI," inspired by Isaac Asimov's story "The Last Question," ensuring user data privacy by operating directly on local devices.
- QVAC includes tools for developers and consumer software, featuring the QVAC SDK for creating decentralized AI agents within a peer-to-peer network.
- Recent technical progress includes high-speed local inference on mobile devices and support for AI models like LLAMA 3.2.
- Tether is expanding into physical hardware with products like the QVAC Keyboard, which offers local text prediction and secure data encryption.
- This AI expansion responds to increasing competition in the stablecoin market, including entries from major tech companies like Cloudflare.
- Tether aims to make its stablecoin the native currency for privacy-focused AI applications within the QVAC ecosystem.
- Tether holds a dominant position in the stablecoin market, commanding nearly 60% with a market cap exceeding $171 billion.