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Tether brings crypto education to Taiwan

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Tether has launched an initiative to improve blockchain and cryptocurrency education in Taiwan.

USDT Issuer Partners with Taipei Tech to Empower the Next Generation of Blockchain Professionals.

Tether brings crypto education to Taiwan

Stable currency Issuer Tether has launched an initiative to improve blockchain and digital asset education in Taiwan. To this end, it has partnered with the National Taipei University of Technology (NTUT), also known as Taipei Tech. Together they will provide students with practical knowledge and skills.

According to Tether’s official announcement, the ultimate goal is to promote “a well-rounded understanding of blockchain technology, digital assets, Bitcoin and stablecoins.” It will build on the course materials developed for NTUT, along with support from industry experts that Tether itself will bring together. As for the cryptocurrency industry, the course will focus on:

  • Fundamental knowledge of blockchain and cryptocurrencies
  • Development of critical thinking
  • Risk awareness and investment principles
  • Legal and regulatory education
  • Industry insights and career prospects

To know more: Top 12 Crypto Companies to Watch in 2024

Tether CEO Paolo Ardoino expressed the company’s desire to empower the next generation of blockchain professionals in the region.

“Tether’s education initiative aligns perfectly with these universities’ vision to provide their students with the knowledge and technical skills needed to promote the adoption of digital resources in Taiwan,” Ardoino She said.

This isn’t the first time stable currency The broadcaster is pushing towards blockchain education. The company has partnered with local organizations to educate students and professors to attend blockchain-related training courses.

USDT Issuer Doubles Crypto Industry Growth

Tether’s commitment to the industry continues to grow, as seen with the recent launch of League, a captive asset backed by Tether Gold (XAUT). This new token aims to provide stability in the digital economy. Combines the strengths of a stable unit of account with those of safety and the reliability of gold.

A few days ago Ardoino highlighted that over 300 million users depend on Tether’s USDT stablecoin. The comment was in response to an article suggesting that dollar-backed stablecoins contribute to demand for US government debt.

“USDT is used by more than 300 million people around the world as a digital dollar, providing a lifeline to entire communities in developing countries. These people are disadvantaged by the banking sector, for the most part they remain unbanked and subject to high levels inflation and a rapid devaluation of their national currencies,” Ardoino he wrote.

To know more: 9 Best Crypto Wallets to Store Tether (USDT)

The company has also made efforts to improve cross-border payments, particularly in emerging markets, investing $18.75 million in XREX Group. Tether USDT is the largest stablecoin in terms of market capitalization, registering $112.5 billion (nearly 70%) in $162.9 billion space.

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