FinTech Heavyweight Tether is planning to release a fully open source, chained crypto wallet template. As part of Tether’s wallet development kit, there is all the possibility that it could bring 1 trillion non-mandatory wallet addresses to Crypto, CEO of CEO Paolo Ardoino stake.
CEO Ardoino is working on a non-obligatory wallet template.
Blockchain Service Conglomerate Tether is approaching the launch of non-resistant wallet templates as part of its wallet development kit (WDK). The announcement was made on May 9, 2025 by Paolo Ardoino, CEO of Tether and Crypto Exchange Bitfinex.
Wallets other than Test WDK (Tether’s Wallet Development Kit) templates.
A great UX with blockchain complexity, seamless bridging to hide gas-free TXS. There is no appeal. The user is controlled.
Tether releases fully open source template wallets and sends 1 trillion new wallets through power.
-Paolo Ardoino🤖 (@paoloardoino) May 9, 2025
As the CEO pointed out in X, the new equipment will be 100% open source and accessible to all developers. Achieving cross-blockchain interactions involve seamless bridging tools and clear UX for mitigated value transfer across a variety of distributed networks.
This device also enables “gas-free transactions.” This means that users are free thanks to the account’s abstraction mechanism.
To enhance security and data protection, the device does not support API keys and is the only person that users can access funds in their wallets.
Thanks to this combination of factors, Tether’s wallet templates will facilitate the creation of 1 trillion new blockchain wallets, Paolo Ardoino concluded.
New instruments work on “almost all chains”
Tether’s CEO stayed silent about the exact timeline of the new release, hinting at “Soon Updates.” He also revealed that new equipment is well beyond Ethereum virtual machines, tailoring to almost any blockchain in which it exists.
As previously featured by U.Today, Tether is stimulating the market with ambitious ventures in a variety of segments, including AI, Fintech, Mining, and more. In December, it invested a whopping $775 million in its video content platform YouTube rival Rumble.
Tether also has a big bet on its Bitcoin (BTC) acquisition strategy. It is one of the founders of Twenty One, a new BTC investment platform for institutions.