Stablecoin issuer Tether has partnered with a
technology and strategy company specializing in virtual and crypto assets to
develop educational initiatives in Türkiye. This collaboration reportedly aims
to equip individuals with the knowledge to navigate the digital age.
MoU to Advance Crypto Education
According to the press release, the new agreement
reflects Tether’s broader aspiration for Tether EDU, a global initiative
dedicated to making education accessible and boundless. The MoU has outlined
plans to develop comprehensive programs that introduce private and public
stakeholders in Türkiye to the benefits of blockchain and peer-to-peer
technology.
These programs will reportedly leverage BTguru’s connections to facilitate discussions with financial institutions, explore
real-world asset tokenization, and evaluate regional payment networks utilizing
BTguru Core.
Tether’s education initiative extends beyond Türkiye.
The USDT issuer is reportedly engaging a regulated digital asset infrastructure
platform in the MENA region to enhance digital asset education across the
Middle East.
Expanding Educational Efforts
Türkiye ranks as the fourth-largest nation in
cryptocurrency transaction volume, according to the International Trade
Administration U.S. Department of Commerce, as cited by Tether. Also,
Chainalysis reports that Türkiye received approximately $170 billion in crypto
transactions over the past year, driven by the need to counteract currency
devaluation.
Expect ongoing updates as this story evolves.
This article was written by Jared Kirui at www.financemagnates.com.
