Tether and Taipei University collaborate to promote blockchain and digital asset education to give students the fundamental knowledge and abilities they need.
The National Taipei University of Technology (NTUT) has partnered with Tether, a cryptocurrency company, further to expand its blockchain and digital asset teaching portfolio.
The institution, also known as Taipei Tech, stated on June 19 that it would “enhance” the region’s teaching on the subject and give students “comprehensive knowledge and practical skills” in technology due to its partnership with Tether.
Additionally, it will promote general knowledge of cryptocurrencies, digital assets like Bitcoin BTC$66,090, and stablecoins like USDT$1.00, the stablecoin native to Tether.
With over 110 students enrolled, the “Blockchain & Digital Asset” curriculum was initially introduced at NTUT’s College of Management. It “quickly became one of the most popular offerings in NTUT’s Information and Finance department,” according to the institution.
The release states that additional colleges are interested in collaborating with Tether to offer comparable services due to the program’s success.
“The program is designed to prepare students for responsible and informed participation in this rapidly evolving field…”
Tether and NTUT want to give students a “well-rounded” grasp of the technology underlying digital assets and the capacity to independently evaluate the integrity of cryptocurrency-related material circulating in the same.
It stated, “This helps them recognize scams and comprehend potential risks.”
There will be additional focus on the volatility of speculative assets, how to avoid scams, compliance procedures, and possible professions in the business.
According to Tether CEO Paolo Ardoino, the initiative’s ultimate goal is to increase student empowerment and the uptake of digital assets in Taiwan.
“By focusing on comprehensive knowledge, [we aim] to work hand-in-hand with these prestigious universities to empower the next generation of blockchain professionals in the region.”
Within the cryptocurrency community, stablecoins have always generated a lot of criticism; Tether USDT$1.00 is no different.
To comply with local legislation, the digital asset exchange Uphold declared on June 18 that it would delist a few stablecoins for users in Europe, including Tether USDT$1.00, Dai DAI$1.00, Frax Protocol (FRAX), Gemini dollar (GUSD), Pax dollar (USDP), and TrueUSD (TUSD).
However, recent data indicates that during the previous four years, the amount of stablecoin transfers has increased 16 times, which some industry observers interpret as an indication of growing market maturity and cryptocurrency adoption.
Jeremy Allaire, the CEO of Circle, who runs the stablecoin USDC, expressed that he is “more optimistic” than ever about cryptocurrencies and stablecoins, predicting that they will account for 10% of all money in the coming ten years.
