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Home»BLOCKCHAIN NEWS»Tether (USDT) partners with RAK ​​DAO to strengthen Bitcoin and stablecoin education in Ras Al Khaimah
BLOCKCHAIN NEWS

Tether (USDT) partners with RAK ​​DAO to strengthen Bitcoin and stablecoin education in Ras Al Khaimah

By Crypto FlexsMay 14, 20242 Mins Read
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Tether (USDT) partners with RAK ​​DAO to strengthen Bitcoin and stablecoin education in Ras Al Khaimah
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Tether partners with RAK ​​DAO for blockchain education.

Tether Operations Limited, the largest company in the digital asset industry, has announced a partnership with RAK ​​Digital Assets Oasis (RAK DAO). The collaboration includes the signing of a Memorandum of Understanding (MOU) and marks the start of a strategic initiative to drive adoption of Bitcoin technology and stablecoins in Ras Al Khaimah (RAK), the northernmost emirate of the United Arab Emirates.

Promoting cryptocurrency adoption in the region

As the first common law free zone focused on digital and virtual asset companies, RAK DAO is at the forefront of regional efforts to foster Web3 innovation and boost economic growth in the emirate. Tether will work with RAK ​​DAO to drive adoption of cryptocurrency payments in the region and design blockchain-focused educational programs.

Tether Edu: A new path to digital education

Through its recently launched education division, Tether Edu, Tether will develop initiatives for individuals of varying skill levels in cutting-edge areas such as Bitcoin, blockchain, peer-to-peer technology, stablecoin adoption, and real-world use cases for cryptocurrencies. . Tether Edu is a global education initiative dedicated to making digital skills development more accessible while promoting self-development and self-actualization.

Collaboration to Drive Innovation

RAK DAO has received attention from more than 100 companies to date. As a result, Tether will collaborate extensively with RAK ​​DAO on a comprehensive initiative designed to educate and empower local businesses, paving the way for growth and innovation. Paolo Ardoino, CEO of Tether, expressed the company’s pride in collaborating with RAK ​​DAO to leverage the potential of Bitcoin and blockchain technology in the region.

Positioning RAK DAO as a global leader

Commenting on this collaboration, Dr. Sameer Al Ansari, CEO of RAK DAO, said that the partnership with Tether is an important moment in RAK DAO’s journey to become a leading hub for blockchain innovation. We aim to leverage the power of Bitcoin technology and cryptocurrency to fuel economic growth, promote financial inclusion, and position RAK DAO as a global leader in the digital economy.

Image source: Shutterstock

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