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Tether, the company behind USDT, has signed a Memorandum of Understanding (MoU) with Fuze, with the common goal of enhancing crypto education in Turkey and the Middle East.
Summary
Tether and Fuze: new partnership to elevate crypto education in Turkey and the Middle East
Tether has announced a new strategic partnership with Fuze, a leading provider of infrastructure for digital assets with offices in Abu Dhabi, Dubai, and Istanbul.
The two companies have signed a Memorandum of Understanding (MoU), with the common goal of elevating crypto education in Turkey and the Middle East.
Tether and Fuze Forge Strategic Collaboration to Elevate Digital Asset Education in Turkey and the Middle Easthttps://t.co/QafmslCcke
— Tether (@Tether_to) April 15, 2024
“Tether and Fuze tighten a strategic collaboration to elevate digital asset education in Turkey and the Middle East”
The company behind the world’s largest stablecoin USDT is committed to spreading awareness and understanding of cryptocurrencies in the region.
Specifically, Tether and Fuze aim to address various aspects of training in the digital asset space, including cross-border payment solutions, compliance, regulatory framework development, and training for local financial institutions.
Not only that, the two companies plan to launch educational campaigns aimed at promoting the adoption of digital assets such as Bitcoin, Blockchain, and stablecoins like Tether (USDT) to facilitate cross-border payments.
The new strategic collaboration signed by Fuze and Tether will aim to spread the benefits in terms of efficiency and accessibility in the use of cryptocurrencies for businesses and individuals in Turkey, the Middle East, and North Africa.
Tether and Fuze: initiatives, workshops, and crypto education in Turkey and the Middle East
Tether and Fuze are committed to launching new initiatives, programs, and workshops on crypto, dedicated to both local financial institutions and individuals in Turkey, the Middle East, and North Africa.
In this regard, Paolo Ardoino, CEO of Tether, said:
“With the collaboration with Fuze, we are excited to be part of a movement that makes digital assets accessible to people in Turkey, the Middle East, and North Africa. Our collaboration is not only about technology, but also about the opportunity for individuals, businesses, and financial institutions to navigate the evolving financial landscape with confidence and clarity.”
Even Mo Ali Yusuf, co-founder and CEO of Fuze, has stated:
“We are proud to collaborate with the Tether team, who shares our vision that digital assets will power the future of finance. By educating stakeholders at all levels, we can accelerate the digital asset landscape and ensure that everyone, from institutions to end consumers, benefits from the vast opportunities offered by well-managed, secure, and reliable digital assets.”
The Blockchain Education Initiative in the Philippines
This partnership between Tether and Fuze in Turkey and the Middle East is not the first initiative for the company behind the world’s largest stablecoin USDT.
And indeed, a few days ago, Tether made headlines for the launch of the Blockchain Education Initiative in the Philippines. Here too, Tether relied on the collaboration of another crypto company, the Filipino exchange Coins.ph.
This initiative aims to promote financial education on blockchain technologies, Bitcoin, and stablecoins.
To achieve this goal, the two companies will involve educational programs such as workshops, online campaigns, interactive quizzes, and more. Here too, the aim will be to increase awareness and understanding of cryptocurrencies and their benefits.