Tether Sees Minting Activity as Ardoino Unveils AI Plans
- Tether minted $1 billion USDT on Tron, while Circle added $250 million USDC on Solana.
- Tether has issued $2 billion USDT so far in 2025, while Circle has minted $6.5 billion USDC on Solana.
- Tether CEO Paolo Ardoino announced AI-focused projects, including an AI translator, voice assistant, and Bitcoin wallet assistant.
Major stablecoin issuers Tether and Circle have kicked off 2025 with substantial minting operations. In the past few hours, Tether minted $1 billion USDT on the Tron Network, while Circle added $250 million USDC to the Solana ecosystem.
The latest minting activity brings Tether’s total issuance for 2025 to $2 billion, showing strong market demand for USDT. Circle’s recent mint on Solana contributes to a larger trend, with $6.5 billion USDC issued on the Solana network this year alone. These substantial issuances show growing institutional adoption of stablecoins across different blockchain platforms.
Tether CEO Paolo Ardoino has unveiled plans to expand beyond traditional stablecoin services, announcing the development of several AI-powered applications. These include an AI translator, voice assistant, and Bitcoin wallet assistant. The company plans to launch an open-source AI SDK platform built on Holepunch’s javascript runtime, Bare, designed to operate across various hardware configurations.
This technological expansion emphasizes privacy and self-custody, with applications designed to run locally on devices ranging from budget mobile phones to high-performance servers. The focus on local processing and data sovereignty aligns with growing concerns about privacy in digital finance.
Tether’s latest attestation report, published January 31, 2025, showed strong financial positioning. The company reported consolidated total assets of $157.6 billion against total liabilities of $137.6 billion. The reserves backing Tether tokens in circulation amount to $143.7 billion, significantly exceeding the $136.6 billion in liabilities related to issued digital tokens.
The attestation highlights a substantial excess reserve of approximately $7.1 billion, showing Tether’s financial stability. The combination of aggressive minting activity and technology expansion shows a change in the stablecoin sector. While maintaining their core function as dollar-pegged digital assets, major issuers like Tether are branching into new technological territories, particularly in AI and privacy-focused applications.