Tether, a prominent issuer of stablecoins, is making significant advancements in the realm of artificial intelligence. They are currently developing a system designed to translate neural impulses into intelligible speech. In an announcement made on X (formerly Twitter) on February 6th, CEO Paolo Ardoino detailed the progress of the Tether Data research and development team. They have successfully engineered an electrocorticography (ECoG) plugin. This pioneering tool is capable of interpreting brain signals and has already achieved the ability to generate individual syllables. The next stage of development aims to refine this technology to enable the formation of complete, coherent sentences.
These nascent AI models are specifically intended to benefit individuals who struggle with verbal communication. By leveraging ECoG implants, people would have the potential to convert their internal thought processes into digital text, effectively providing a new means of self-expression and interaction. Furthermore, these applications are designed to operate on local edge devices, such as smartphones, ensuring user data privacy through on-device processing.
“These models will serve as a backbone for a future system that would enable someone who has lost their ability to speak—with the aid of an ECoG implant—to communicate digitally once more,” Ardoino stated.
Ardoino also suggested that brain-computer interfaces (BCIs) are becoming increasingly viable for widespread consumer adoption within the next two decades. This technological leap promises to deliver transformative improvements in the quality of life for individuals affected by paralysis and various other neurological disorders.
USDT Achieves Significant Milestone
Beyond its AI-focused initiatives, Tether’s USDT stablecoin has also reached a notable milestone. According to Ardoino, the digital asset now serves an impressive 400 million users, primarily concentrated in emerging economies including Nigeria, Turkey, Thailand, and Brazil. He emphasized that this substantial growth is attributable to the combined advantages of increased financial accessibility and the stability inherent in a digital dollar representation.
| Market Capitalization | Exceeds $141 Billion |
| Market Share | Represents approximately 63% of the entire stablecoin market |
This strong performance solidifies USDT’s position as the dominant stablecoin in the market, a claim supported by recent data from both CryptoSlate and DeFillama. The company’s dedication to ongoing innovation and robust security measures continues to fuel its expansion in both the rapidly evolving fields of AI technology and digital finance.
Maxwell Reed is the first editor of Cryptovista360. He loves technology and finance, which led him to crypto. With a background in computer science and journalism, he simplifies digital currency complexities with storytelling and humor. Maxwell began following crypto early, staying updated with blockchain trends. He enjoys coffee, exploring tech, and discussing finance’s future. His motto: “Stay curious and keep learning.” Enjoy the journey with us!