Tether Collaborates with BTguru to Enhance Digital Asset Education in Türkiye

Tether Operations Limited and BTguru have signed a Memorandum of Understanding to explore and evaluate initiatives aimed at enhancing digital asset education in Türkiye. This collaboration is part of Tether’s broader educational vision to make digital skills accessible globally, leveraging BTguru’s connections to engage with financial institutions and stakeholders in the region.

July 2, 2024 – Tether Operations Limited, a leading entity in the digital asset sector, and BTguru, a prominent technology and strategy firm focused on virtual and crypto assets, have signed a Memorandum of Understanding (MoU). This agreement aims to evaluate educational initiatives in digital assets within Türkiye.

The MoU aligns with Tether’s broader vision for Tether EDU, an initiative dedicated to making education universally accessible. By supporting projects that eliminate educational barriers, Tether seeks to offer opportunities in emerging markets and beyond, preparing individuals for the challenges and opportunities presented by the digital age. This initiative extends beyond traditional learning, emphasizing the creation of a foundation for lifelong success.

Under the MoU, Tether and BTguru will explore the development of comprehensive programs to educate private and public stakeholders on the advantages of blockchain and peer-to-peer technology. BTguru’s extensive network will facilitate discussions with financial institutions in Türkiye. Furthermore, the collaboration will investigate real-world asset tokenization use cases for banks and assess regional payment network scenarios using BTguru Core.

Tether’s commitment to education is highlighted by its ongoing discussions with a regulated digital asset infrastructure platform in the MENA region, aimed at enhancing digital asset education in Türkiye and the Middle East. This partnership with BTguru underscores Tether’s dedication to forming strategic alliances that advance its educational mission.

The International Trade Administration of the U.S. Department of Commerce notes that Türkiye is the fourth-largest nation in cryptocurrency transaction volume, reflecting the country’s growing interest in digital assets. Chainalysis reports that Türkiye processed approximately $170 billion in crypto transactions over the past year, driven by the need to counteract currency devaluation.

Tether and BTguru share a belief in the transformative potential of digital assets and peer-to-peer technologies. This MoU could lay a solid foundation for the responsible and informed use of digital assets. We are thrilled to contribute to a movement that promotes freedom and educates individuals across Türkiye – Paolo Ardoino, CEO of Tether

Can Bükülmez, Partner at BTguru, said:

BTguru is eager to collaborate with an industry leader like Tether. We are enthusiastic about enabling new business lines with Tether and assessing the introduction of their scale into Türkiye’s banking sectors and emerging digital asset enterprises.

This MoU represents a significant step towards advancing digital asset education in Türkiye, potentially making the financial landscape more inclusive and resilient for businesses and individuals alike.

Recently, Tether’s efforts to advance digital asset education began with a significant collaboration with the RAK Digital Assets Oasis (RAK DAO) in the United Arab Emirates. This partnership aimed to establish the UAE as a global hub for digital assets by fostering an environment conducive to innovation and education. Building on the success of this initiative, Tether has now extended its educational mission to Türkiye through a strategic partnership with BTguru. This move seeks to replicate the positive impact achieved in the UAE by developing comprehensive educational programs and resources tailored to the unique needs of the Turkish market, furthering Tether’s vision of making digital education accessible across emerging markets in the Middle East.

Tether Signs MoU with BTguru to Drive Digital Asset Education in Türkiye
Learn more: https://t.co/UhFEMs5d4s

— Tether (@Tether_to) July 2, 2024

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