Svmuu, Tether has announced the launch of its Developer Grants Program, providing financial support to developers building products based on its open-source technology stack. There is no total cap on the funding amount, and payments are made based on specific technical deliverables. The program is now open for applications. Developers can earn USDT or Bitcoin rewards by completing designated tasks, with individual grants ranging from approximately $1,500 to $4,000, covering areas such as wallet infrastructure, browser extensions, and e-commerce payment integrations.
Additionally, Tether will focus on enhancing its open-source wallet development kit, WDK (Wallet Development Kit), allowing developers to embed non-custodial wallets directly into applications. This enables local key generation, transaction signing, and asset transfers without relying on custodial services or third-party APIs.
Tether CEO Paolo Ardoino stated that much of the current infrastructure still relies on centralized platforms and data-driven business models. Tether aims to support systems that can "run locally, directly hold value, and operate without dependency on external service providers" to enter the market.
The grants program covers four main areas: core protocol development, technical documentation and educational resources, application development based on the Tether technology stack, and research into decentralization, edge AI, P2P networks, and cryptography.