Tether, the largest stablecoin company, has announced the launch of Tether Edu, an initiative that will concentrate all of the global educational and learning programs of the institution. Tether Edu will focus on emerging markets, offering courses and hybrid programs in blockchain, artificial intelligence (AI), design, and other areas.
Tether Launches Tether Edu to Provide Digital Skills in Emerging Markets
Tether is expanding its action in the educational and learning fields. The company recently announced the launch of Tether Edu, a company initiative that will concentrate and expand the different educative programs of the institution. According to Tether, Edu will offer courses in areas such as blockchain, artificial intelligence (AI), and design to provide digital skills in various markets.
Edu’s actions will focus on emerging markets, with Tether mentioning Africa, Latin America, the Middle East, Europe, the Commonwealth of Independent States, and Asia as areas where these educational initiatives will be conducted.
Tether CEO Paolo Ardoino commented on the importance of providing knowledge combined with economic tools like USDT, the stablecoin with the largest market cap in the cryptocurrency market. Ardoino stated:
We firmly believe that financial tools, exemplified by USDt, are not merely instruments for transactions but catalysts capable of rewriting economic history.
Furthermore, Ardoino stressed that education was of pivotal importance, serving as a “linchpin for fostering economic prosperity and sustainable development.” Tether is currently hiring to fill several spots to be part of this new division.
Edu is part of the expansion that Tether has been executing since last year, opening its interest and investment to new fields, projecting entering the green cryptocurrency mining industry with $500 million and also in AI, having lent $610 million to Northern Data to expand its hardware arsenal in November.
Tether’s business is booming, evidenced by a reported record-breaking Q4 profit of $2.85 billion, amassing a total net profit of $6.2 billion in 2023.
What do you think about Tether Edu and its focus on emerging markets? Tell us in the comments section below.
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