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Investing.com -- Rezolve Ai (NASDAQ:RZLV) stock surged 16% Monday following Tether’s announcement of USAT, a new U.S.-based stablecoin designed to comply with the GENIUS Act.
The AI-powered commerce company views this development as a significant catalyst for its partnership with Tether, which aims to integrate crypto wallet payments into Rezolve’s Brain Checkout platform. The regulatory clarity provided by the GENIUS Act enables Rezolve to accelerate its expansion into the American market.
"The announcement of USAT under the GENIUS Act validates exactly what we set out to do with Tether by bringing regulated, frictionless crypto payments into mainstream commerce," said Daniel M. Wagner, Founder, Chairman and CEO of Rezolve Ai.
Rezolve’s Brain Checkout wallet, developed using Tether’s Wallet Development Kit, is designed to support various payment methods including crypto, stablecoins, and hybrid payment flows that will be compatible with USAT.
The company expects to exceed $100 million in annual recurring revenue (ARR) by the end of 2025. According to Rezolve, it currently trades at approximately 17 times ARR, which it notes is below peer multiples of 36-100 times.
Rezolve differentiates itself from competitors by owning its foundational AI and vision technology, holding patents to reduce hallucinations, and commercializing proprietary capabilities such as Visual Search and Conversational Commerce.
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