Tether announced the upcoming launch of QVAC (QuantumVerse Automatic Computer), a decentralized development platform for locally operating AI agents.
Paolo Ardoino, Tether’s CEO, claimed that the company is aiming for a full launch in Q3 2025. Before this happens, it will also release a few QVAC-based AI apps for general use.
Earlier this month, crypto AI agents staged a massive comeback, and the firm is now revealing its project. Tether’s QVAC is intended to keep the AI space decentralized, empowering individuals to use sophisticated protocols:
A little over a week ago, Tether teased its upcoming peer-to-peer AI platform, which now seems like a reference to QVAC. Ardoino claimed that the company aims for a Q3 2025 release, which may take longer.
Because Tether won’t be fully releasing QVAC for several months at the earliest, there aren’t many details available. However, the company’s statements describe some very ambitious goals.
QVAC will center around AI agents, specifically on developing them for local use. It will use modular architecture to create functional tools that run on personal devices.
Tether was very clear that QVAC’s agents won’t require users to remotely connect with external servers. Even where it employs collaboration, QVAC will focus on peer-to-peer contact with other small-scale developers.
The firm will also launch the first QVAC-based apps “soon,” but it has provided no further details.
This Chinese AI model boasts dramatically lower hardware requirements than its competitors, enabling users to host it locally. DeepSeek can do this for an entire LLM, so Tether hopes to employ QVAC for more niche AI agents.
Hopefully, Tether will continue releasing technical details about QVAC during Q2 before a full launch in Q3. If the company can meet this imposing challenge, it would significantly contribute to global AI development.
FORM, the token formerly known as BinaryX (BNX), has climbed nearly 20% over the past 24 hours. The surge has propelled it to outperform Bitcoin (BTC) and Ethereum (ETH), positioning FORM as the top gainer in today’s trading session.
The strengthening demand for the altcoin could extend these gains in the short term.
FORM’s Rally Gains Steam
At the time of writing, FORM trades at $2.54. Key technical indicators suggest this upward movement could be more than a short-term spike. These signals point to a sustained rally, which could push FORM to revisit its all-time high of $2.65, a level it previously reached on March 24.
For example, the token currently trades above its Supertrend indicator, which forms dynamic support below its price at $2.11. This indicator tracks the direction and strength of an asset’s price trend. It is displayed as a line on the price chart, changing color to signify the trend: green for an uptrend and red for a downtrend.
When an asset’s price trades above this indicator, it signals dominant buying pressure in the market, paving the way for sustained upward momentum.
For FORM, the Supertrend indicator provides strong dynamic support at the $2.11 level, holding against price dips and reinforcing the potential for continued gains.
Moreover, FORM’s Aroon Up Line confirms the strength of its uptrend. As of this writing, this is at 100%, reflecting significant buying pressure among market participants.
The Aroon Indicator measures the strength and direction of an asset’s trend by tracking the time since the highest and lowest prices over a given period. It comprises two lines: Aroon Up, which measures bullish momentum, and Aroon Down, which tracks bearish pressure.
When the Aroon Up line is at 100 or close, it signals a strong upward momentum and a dominant bullish trend. This suggests that FORM’s buying pressure is high, and its price may continue rising.
FORM Eyes Record Highs at $2.65 as Momentum Builds
FORM currently trades at $2.54, just 4% shy of its all-time high of $2.65, which forms resistance above its price. If bullish sentiment toward the altcoin soars, it could reclaim this price peak and attempt to rally beyond it to record new highs.
GCash, the Philippines’ leading digital money app, announced support for Circle’s USD Coin (USDC). Users in the country can now hold and transact with the stablecoin.
This marks a major step in integrating stablecoins with everyday transactions in the country.
Circle’s USDC Ventures Into the Philippines Market
Local media revealed the integration, noting that GCash users in the Philippines can buy, hold, and send USDC through GCrypto, the app’s cryptocurrency platform. GCash’s Group Head of Wealth Management, Arjun Varma, says this integration presents a game-changer for financial inclusion in the Philippines.
“By offering easy access to digital dollars, we empower our users with a stable and globally recognized financial asset,” local media reported, citing Varma.
Unlike volatile cryptos like Bitcoin (BTC) and Ethereum (ETH), USDC is a stablecoin pegged to the US dollar. This makes it a more reliable digital asset for payments and savings.
The move is expected to help millions of Filipinos bypass traditional banking infrastructure, which is reportedly slow, expensive, and inaccessible to many.
“Philippines payments are absolutely horrible. Some of the worst rails and ramps in the world,” one user remarked.
With USDC reserves held at regulated financial institutions, they undergo regular third-party attestations to ensure transparency. Circle CEO Jeremy Allaire highlighted the scale of this expansion, citing an opportunity for growth in the firm’s stablecoin network.
“The largest and most widely used digital money app in the Philippines, GCash, just announced support for USDC in their mobile wallet. Another ~100m users being brought into Circle’s stablecoin network,” he expressed.
This poses competition for stablecoin issuers like Tether and Circle as established banks look to enter the space with their stablecoin offerings. As financial giants move in, fintech companies like GCash offer themselves as potential avenues for expansion to stablecoin issuers.
“GCash’s USDC move puts a global digital dollar in 100 million Filipino hands. Stablecoins might just leapfrog banks in places like this,” another user added.
“Crypto payments failed for one small reason that needs fixing: When sending USDC, let the recipient see the transaction but not your address. Nobody wants to reveal their wallet for a 10 USDC beer payment,” DeFi researcher Ignas said recently.
While GCash’s USDC integration offers convenience, calls for stablecoin transparency, like revealing wallet addresses for USDC transactions, may deter adoption even for Philippine users.
Still, GCash’s move reflects a broader trend of digital wallets embracing blockchain-based finance.
Coinbase is listing Worldcoin (WLD), fueling rumors that OpenAI is going to launch its own social media platform soon. Sam Altman will give a live update on the World project today at 7 PM PST in San Francisco.
Both projects have been suffering setbacks lately. Worldcoin lost privacy battles in the EU, and centralized AI development faces rising costs and diminishing returns. This social media integration would bypass both problems for bullish returns.
Will OpenAI Use Worldcoin for Social Media?
Worldcoin, a project to verify human identity, has been gaining traction due to these rumors. When Altman first publicized today’s Worldcoin announcement, community experts began hypothesizing it would involve an OpenAI social media push.
Rumors continue to swirl that OpenAI will announce Worldcoin support in the US next week
If so, we will likely see WLD integration in ChatGPT soon after
Coinbase added Worldcoin to its listing roadmap today, and this timing is turning the OpenAI rumors into a full frenzy. Evidence connecting WLD to a new social media platform has so far been tangential, but this development seems undeniable.
One of the world’s largest exchanges chose to spotlight Worldcoin today, of all days. Anticipation is only building.
Following the Coinbase listing roadmap update, Worldcoin has recovered from an earlier decline, as WLD is up by 3% in the past hour.
Worldcoin (WLD) Price Chart on April 30. Source: TradingView
However, further price movements or a larger rally are probably on hold, as the market awaits confirmation of the OpenAI rumors. Still, if OpenAI does roll out a Worldcoin integration, it could have an explosive impact on price.
If nothing else, this integration would demonstrate Sam Altman’s uncanny ability to maintain investor interest. Recently, the centralized AI sector has been crunched by cost and efficiency concerns. Microsoft’s recent pullbacks from global data centers led to speculation that OpenAI might not be profitable.
“Whether you love him or hate him, I think Sam Altman is a pretty genius product guy. People have been declaring OpenAI dead for a while and it keeps chugging. [Worldcoin integration] is an interesting speculation play, and [WLD] will very likely be the most prominent AI token,” DCInvestor stated.
Still, these rumors might turn out to be false. Until Sam Altman speaks tonight, no concrete link suggests that Worldcoin will be part of any OpenAI social media launch. Today’s presentation could substantially shake up crypto’s environment.
(@paoloardoino) May 14, 2025
