Published on November 14, 2024
By: Xalyur Immudetes
Tether, the company behind USDT —the largest stablecoin by market cap— has launched a wallet development kit (WDK) that supports the integration of non-custodial wallets. This gives users full control over their private keys, unlike wallets provided by centralized exchanges.
The new kit will allow businesses and developers to easily integrate non-custodial wallets into any application, improving the experience for USDT and Bitcoin users. Tether calls the launch “a tribute to the foundation of decentralized financial systems that put user sovereignty first”.
WDK is set to make it easier for developers to create advanced experiences across web, desktop, and mobile wallets, providing versatile, independent, and highly robust tools. As Tether CEO Paolo Ardoino puts it:
“With the launch of WDK by Tether, we’re giving developers and businesses the tools they need to seamlessly integrate USDT and Bitcoin into their applications, shifting towards a new paradigm of financial resilience.
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 planets, to remain in control of our own financial destiny”.
With this announcement, Tether is commemorating the anniversary of the 2008 Bitcoin whitepaper. On October 31, 2008, someone using the pseudonym Satoshi Nakamoto released a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. In just nine pages, the document laid out the fundamentals of Bitcoin as a decentralized digital currency, enabling direct peer-to-peer transactions without intermediaries.
Beyond giving users full control over their assets, Tether’s WDK is customizable and enables quick integration. As the company puts it:
“(Tether’s WDK) Offers a flexible and adaptable design, making it easy for businesses across industries to implement, from game studios to fintech platforms. It also simplifies the setup process, enabling developers to integrate wallet functionality and save valuable time and resources”.
Further news:
- Russian Government to Ban Crypto Mining in Some Regions.
- Ant CEO Eric Jing says asset tokenization is essential for economic transformation.
- Bolivian Bank Bisa Launches USDT Custody Service.
- More Than 60 New Bitcoin Addresses Holding 1,000 to 10,000 BTC Emerged in 2024.
- Uruguay Passes New Law to Regulate the Crypto Industry.
- Worldcoin Grows in Mexico While Facing Sanctions in Argentina and Global Scrutiny.
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