Stablecoin issuer company Tether will soon release an open-source non-custodial cryptocurrency wallet development kit (WDK).
WDK from Tether will allow the creation of crypto storages across different blockchains and will include modules for integrating the following services:
- Cryptocurrency exchange;
- Transfer of digital assets via bridges;
- Issuance of virtual currencies on credit.
To make life easier for programmers, the WDK will include ready-made user interfaces and a unified set of software development tools. This will allow the same functions and methods to be used across different networks.
According to the director Tether Paolo Ardoino believes that trillions of crypto wallets will be created using the WDK. He believes the toolkit will be in demand because even novice developers can understand it, and researchers will begin using it to test prototypes of crypto storage systems.
Paolo Ardoino
Tether is developing software for the crypto industry to popularize its stablecoins, which have strengthened their position in the digital asset market. Over the past month, the market capitalization of dollar-pegged coins Tether (USDT) rose 5,4% to $177 billion, while the value of the firm’s gold-issued stablecoins Tether Gold (XAUt) increased by 12% over this period to reach $959 million.