Tether, the issuer of the leading stablecoin, is expanding its technological footprint with the launch of Tether AI, CEO Paolo Ardoino announced.

Ardoino said the firm is working on an open-source AI runtime that aims to operate on any hardware or device and integrate with crypto payments via Tether’s Wallet Development Kit (WDK). Tether is the issuer of the largest stablecoin by market capitalization — currently around $149 billion.