- Tether has announced a wallet feature that supports both humans and AI agents
- The feature is an open-source wallet development kit (WDK) that enables developers to integrate wallets into websites and apps
- The feature supports USDT and Bitcoin
Leading stablecoin issuer Tether has announced that it’s developing an open-source wallet development kit (WDK) that supports humans and AI agents. The feature focuses on helping developers and businesses to integrate non-custodial wallets on websites and apps, enhancing the user experience. Tether disclosed that the WDK intends to reduce users’ reliance on third parties when interacting with virtual currencies like USDT and BTC, a move that’s also likely to reduce the amount stolen from centralized crypto platforms offering asset custody solutions.
WDK Supports Humans and Machines
In a statement, Tether revealed that the WDK follows the vision of “decentralized and permissionless financial systems that” strengthen the sovereignty of users without discriminating between “humans and machines.”
WDK by Tether: why?
The future is unpredictable: chaos, instability, or prosperity – no one knows. But with WDK by Tether we can build programmable, open, and resilient monetary systems that connect people, machines, robots, families, communities, AI agents, societies, and even… https://t.co/fTX6qAQSNX
— Paolo Ardoino 🤖🍐 (@paoloardoino) November 11, 2024
The stablecoin issuer added that the wallet feature enables developers to provide advanced experiences when creating web, desktop, and mobile wallets. Tether CEO Paolo Ardoino said that WDK helps shift “towards a new paradigm of financial resilience”
Ardoino noted that the wallet feature prepares developers and crypto users for an unpredictable future that can be ” chaotic, unstable, or prosperous.”
Tether’s WDK comes as other firms in the blockchain and crypto spaces are releasing wallet features to either give crypto users more control over their assets or ease the movement of funds across blockchains.
More Firms Are Offering Non-Custodial Wallets
Magic Labs, for example, recently partnered with Polygon to create a cross-chain smart wallet that allows users to seamlessly move assets between blockchains linked to Polygon’s AggLayer. Others like crypto exchange BingX have upgraded their wallet’s security to thwart hackers.
Traditional financial firms that have joined the crypto train like Mastercard and MoneyGram have also announced non-custodial wallets, giving users control over their funds.
Although non-custodial wallets like Tether’s WDK give users control over their funds, it may also increase the risk of users losing their funds to malicious actors if they neglect to add adequate security measures.
