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Tether unveils developer grants program to fund on-device AI and open-source payments tools

Crypto Briefing
Tether has launched a task-based grant program to incentivize the development of decentralized payment infrastructure and local-first AI technologies.

Summary

Tether has introduced a new grant initiative designed to support the creation of open-source tools for decentralized payments and on-device AI. Unlike traditional funding, these grants offer fixed payouts in USDT or Bitcoin upon the completion of specific technical milestones. The program targets four key areas of Tether’s stack: QVAC for local AI, the Wallet Development Kit for self-custodial wallets, MDK for Bitcoin mining, and Pears for peer-to-peer networking. CEO Paolo Ardoino emphasized that the initiative aims to provide alternatives to centralized intermediaries and data-intensive business models by fostering systems that operate locally and independently of external providers.

(Source:Crypto Briefing)