Tether and BTguru partner to promote crypto education in Turkey
Also read: LayerZero price rising following Binance listing: 5 other new crypto listings to watch
Tether-BTguru MoU breaks down the barrier to Turkish crypto education
Tether Signs MoU with BTguru to Drive Digital Asset Education in Türkiye
Learn more: https://t.co/UhFEMs5d4s— Tether (@Tether_to) July 2, 2024
According to Tether’s statement, The MoU signed with BTguru solidified Tether’s commitment to forming tactical relationships to support Turkey’s growing interest in digital assets. A previous report by Chainalysis confirmed these claims by revealing that Turkey had transacted $170 billion in crypto between 2022 and 2023.
The stablecoin issuer also mentioned that Turkey’s significant crypto adoption reflected the need to prevent currency devaluation.
“This MOU has the potential to provide a solid foundation for the responsible and informed use of digital assets. We are excited to be part of a movement that could promote freedom and educate people across Türkiye.”
–Paolo Ardoino, CEO of Tether
Tether affirmed that discussions with industry giants like BTguru marked an important milestone in advancing a Turkish digital asset education program. The statement further noted that this would make the financial landscape more resilient and inclusive for individuals and businesses.
Tether hopes to prepare Turkey for the digital era
In its statement, Tether expressed deep commitment to introducing a comprehensive digital asset education program that would help maintain Turkey’s innovative and robust blockchain ecosystem.
Also read: Bitstamp delists Euro Tether (EURT) as MiCA rules are rolled out
The stablecoin giant added that it hoped to constantly assess the digital asset situation in Turkey so that it could strike a balance between the initiative’s usage, maintainability, and community interest. Tether acknowledged that community interest played a crucial role in the sustainability of the digital asset education program.
“We assure our community that this transition will be executed meticulously and with minimal disruption. Our top priority remains to deliver a seamless user experience, and we are committed to facilitating a hassle-free transition.”
A report by Chainalysis revealed Turkey was only behind the U.K., the U.S., and India in raw crypto transaction volume. Chainalysis explained that this huge crypto adoption was driven by the country’s macroeconomic climate and the interests of its young population in innovation and technology.
Cryptopolitan reporting by Collins J. Okoth
Read More
Tether and BTguru partner to promote crypto education in Turkey
Also read: LayerZero price rising following Binance listing: 5 other new crypto listings to watch
Tether-BTguru MoU breaks down the barrier to Turkish crypto education
Tether Signs MoU with BTguru to Drive Digital Asset Education in Türkiye
Learn more: https://t.co/UhFEMs5d4s— Tether (@Tether_to) July 2, 2024
According to Tether’s statement, The MoU signed with BTguru solidified Tether’s commitment to forming tactical relationships to support Turkey’s growing interest in digital assets. A previous report by Chainalysis confirmed these claims by revealing that Turkey had transacted $170 billion in crypto between 2022 and 2023.
The stablecoin issuer also mentioned that Turkey’s significant crypto adoption reflected the need to prevent currency devaluation.
“This MOU has the potential to provide a solid foundation for the responsible and informed use of digital assets. We are excited to be part of a movement that could promote freedom and educate people across Türkiye.”
–Paolo Ardoino, CEO of Tether
Tether affirmed that discussions with industry giants like BTguru marked an important milestone in advancing a Turkish digital asset education program. The statement further noted that this would make the financial landscape more resilient and inclusive for individuals and businesses.
Tether hopes to prepare Turkey for the digital era
In its statement, Tether expressed deep commitment to introducing a comprehensive digital asset education program that would help maintain Turkey’s innovative and robust blockchain ecosystem.
Also read: Bitstamp delists Euro Tether (EURT) as MiCA rules are rolled out
The stablecoin giant added that it hoped to constantly assess the digital asset situation in Turkey so that it could strike a balance between the initiative’s usage, maintainability, and community interest. Tether acknowledged that community interest played a crucial role in the sustainability of the digital asset education program.
“We assure our community that this transition will be executed meticulously and with minimal disruption. Our top priority remains to deliver a seamless user experience, and we are committed to facilitating a hassle-free transition.”
A report by Chainalysis revealed Turkey was only behind the U.K., the U.S., and India in raw crypto transaction volume. Chainalysis explained that this huge crypto adoption was driven by the country’s macroeconomic climate and the interests of its young population in innovation and technology.
Cryptopolitan reporting by Collins J. Okoth
Read More