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Tether pushes forward with AI development despite sector setbacks

Tether is actively developing AI applications, including a translator and a voice assistant, focused on user privacy. Their planned launch of an open-source AI SDK platform aims to support diverse hardware, enhancing functionalities for users.

Despite a downturn in the AI cryptocurrency sector, Tether remains a dominant player, holding $113 billion in US treasury assets. The company reported a net profit of $13 billion, reinforcing USDT’s strong position in the market.

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