Stablecoin issuer Tether is making significant strides in the field of artificial intelligence, particularly in the area of translating brain signals into speech. In a recent announcement on X, Tether CEO Paolo Ardoino shared that Tether Data’s research and development team has developed an electrocorticography (ECoG) plugin. This innovative technology is capable of interpreting neural signals, laying the groundwork for brain-to-text communication. Initial tests have demonstrated the plugin’s ability to generate syllables from brain activity, with plans underway to create a model that can construct complete sentences.
The primary goal of Tether’s AI models is to assist individuals with speech impairments. By utilizing ECoG implants, users could communicate digitally by converting their brain signals into text. To ensure user privacy, these models will be designed to run on edge devices like smartphones. Ardoino expressed his vision for the technology, stating, “These models will serve as the backbone for a future system that would allow someone who has lost speech and has an ECoG implant to speak digitally once again.”
Notably, Tether-backed company Blackrock Neurotech successfully restored speech in a patient who had experienced severe communication limitations. Ardoino envisions a future where brain-computer interfaces (BCIs) become mainstream consumer products, offering transformative solutions for individuals affected by paralysis and neurological conditions.
These AI initiatives are part of Tether’s broader commitment to advancing technology. Recently, the company introduced several AI-powered applications, including a Bitcoin wallet assistant, a translation tool, and a voice assistant. Designed to prioritize user security and privacy, these solutions operate directly on personal devices.
USDT Milestone: Serving 400 Million Users
In addition to its AI efforts, Tether’s USDT stablecoin has achieved a significant milestone by serving 400 million users in emerging markets such as Nigeria, Turkey, Thailand, and Brazil. According to Ardoino, “USDt has reached 400 million users across emerging markets, promoting digital dollar adoption and financial inclusion.”
Market data from Crypto indicates that USDT remains the leading stablecoin, boasting a market capitalization exceeding $141 billion. DeFillama data further illustrates USDT’s dominance, capturing approximately 63% of the stablecoin market.