Major crypto market maker Wintermute has announced plans to invest $1 billion in artificial intelligence over five years. The goal is to generate more than 50% of revenue outside of crypto by 2027, up from about 10% currently. The news came from Bloomberg and is already being discussed in the industry.
Why This Matters for Crypto Payments
Wintermute is not just a player in the crypto market. The company provides liquidity for many crypto exchanges and services, including those related to cards and payments. If Wintermute expands into AI, it could change the dynamics of the digital asset market.
For users of virtual cards and crypto payments, this is a signal: crypto infrastructure is becoming more mature and diversified. When major players like Wintermute invest in AI, it can lead to improved trading algorithms, reduced slippage, and more stable exchange rates when converting crypto to fiat.
What It Means in Practice
- Stability: Improved liquidity and algorithms may reduce volatility when exchanging USDT/USDC for fiat money.
- New Services: The AI focus could lead to smart payment solutions that automatically choose the best rate or optimize fees.
- Trust: Diversifying the business of a major market maker reduces risks associated with the crypto market, positively impacting the entire ecosystem.
Should We Expect Changes?
These are just plans, and implementation will take years. But the fact that crypto companies are actively investing in AI signals a trend: the future lies in technologies that make payments faster and cheaper. For those who regularly pay for overseas services with crypto, this is good news — the market is evolving toward greater convenience.
We'll keep you updated on developments.
Not financial advice
A virtual card in 2 minutes
Pay for subscriptions, AI tools, travel, and international stores. Top up via USDT-TRC20 with no acquiring fees.
