One of the biggest challenges for crypto adoption has been its use cases. For many, it has simply been viewed as a volatile investment, but what if it could be used to make everyday purchases? Working with Tether, the digital asset company, Rezolve Ai, the AI-powered commerce solutions provider, is looking to achieve just this.
Rezolve Ai is integrating WDK (Wallet Development Kit) by Tether into its Brain Checkout platform. The aim of this move is to utilise Tether’ open-source crypto wallet library to make cryptocurrency a mainstream payment method. Consumers will be able to use crypto as easily as cash or credit and merchants won’t need to pay high fees. The integration unlocks the full potential of cryptocurrencies – like USD₮, Bitcoin, and others – making them a practical and accessible payment option.
Tether and Rezolve are each committed to making cryptocurrency as ubiquitous as cash or credit and want to address inefficiencies in legacy payment systems all the while fostering financial inclusion. this shared vision sets a new standard for innovation, accessibility, and sustainability in retail payments. To that end, Rezolve aims to use Tether’s technology to empower businesses and consumers worldwide in a market valued at $30trillion.
A happy situation for both consumers and merchants
Merchants worldwide collectively spend over $600billion annually on credit card and payment processing fees, cutting deeply into profitability. Rezolve Ai is planning on introducing a merchant fee-free payment system that eliminates these costs entirely. Retailers gain a compelling reason to embrace cryptocurrency payments, enabling them to keep more revenue while providing consumers with a frictionless checkout experience.
Daniel M. Wagner, CEO of Rezolve Ai
Daniel M. Wagner, CEO of Rezolve Ai said: “We are working to eliminate merchant fees and unlock the potential of AI and cryptocurrency to reshape the global payment landscape. By combining the knowledge and know-how of Tether, the enormous consumer base of crypto and its advanced technology with Rezolve’s Brain Checkout, we are planning to provide retailers with a frictionless, merchant fee-free payment solution and empower consumers to use cryptocurrency for everyday purchases.”
This is only the first step though, as Rezolve aims to work with exchanges to conduct instant crypto-to-fiat conversions. This will enhance the user experience for both users and retailers as funds will be credited to merchants in fiat at regular intervals.
Working with Tether
Paolo Ardoino, CTO, Tether
Paolo Ardoino, CEO of Tether explained: “We are excited to see Rezolve Ai working with Tether to integrate WDK by Tether to its Brain Suite of products to empower consumers and retailers with seamless cryptocurrency payments for everyday transactions.
“By embedding crypto functionality into everyday shopping experiences, Rezolve is breaking down barriers to adoption and enabling consumers around the world to use cryptocurrency seamlessly in their daily lives. We’re excited to support Rezolve Ai as it builds a system that empowers consumers and retailers alike.”
Tether launched WDK by Tether, an open-source toolkit for developers to create Bitcoin and USD₮ wallets for the use of humans, AI, and robots. This integration will create a powerful new ecosystem for crypto payments.
WDK by Tether will be integrated directly into Rezolve’s apps and partner merchants’ platforms, enabling users to load cryptocurrency and use it for purchases with live, synchronised balances.
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