Paolo Ardoino, the head of Tether, has shared a teaser of the company’s new product — hypersearch, a decentralized search engine built on HyperDHT.
This marks the first official mention of the project: Ardoino has not disclosed any release timeline, specific technical details, or information about monetization. There is also no repository link or demo version available yet.
Hypersearch is a natural extension of Tether’s broader push into decentralized technologies. Since 2022, the company, together with Bitfinex and Hypercore, has been funding and developing Holepunch — a fully peer-to-peer infrastructure that runs without servers or centralized control. Their first product is Keet, an encrypted messenger with video calls, chat, and file sharing.
HyperDHT is a distributed hash table (DHT) protocol that enables peer-to-peer networks without central servers. It powers Hypersearch and removes any single point of control over how search works. HyperDHT is also a core component of the broader Holepunch ecosystem.
In February 2026, Tether made two notable moves beyond its stablecoin business.
On February 2, at the Plan ₿ forum in San Salvador, the company open-sourced Mining OS (MOS) and Mining SDK — an operating system and a set of tools for managing industrial Bitcoin mining.
On February 12, Paolo Ardoino introduced QVAC — Tether’s first fully decentralized AI assistant, which runs 100% locally on a user’s device and does not rely on cloud services, prioritizing user privacy.
In addition, Tether is actively investing in Bitcoin infrastructure, including startups Ark Labs, Speed, and Utexo, as well as in real-world assets. For example, the company acquired a controlling stake in one of South America’s largest agricultural holdings, Adecoagro.
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