July 2, 2024 – Tether Operations Limited, the largest company in the digital asset industry, and BTguru, a leading technology and strategy firm specializing in virtual and crypto assets, recognize digital asset education initiatives in Turkiye We have signed a memorandum of understanding (MoU) for the .
This is part of Tether’s broader vision for Tether EDU, which aims to create a world where education is infinitely accessible to everyone, everywhere. By supporting efforts to break down barriers in education, Tether provides opportunities in emerging markets and beyond aimed at preparing individuals for the challenges and opportunities of the digital age. This initiative goes beyond traditional learning. It’s about laying the foundation for lifelong success.
The MoU with BTguru evaluates the development of a comprehensive program to introduce the benefits of blockchain and peer-to-peer technologies to public and private stakeholders, and leverages BTguru’s connections to facilitate discussions with financial institutions in Turkiye. The purpose is Additionally, the parties will explore real-world asset tokenization use cases for banks and evaluate regional payment network scenarios using Btguru Core.
Tether’s commitment to education is further demonstrated by Turkiye’s discussions with MENA’s regulated digital asset infrastructure platform to enhance digital asset education in the Middle East. This MoU with BTguru strengthens Tether’s commitment to forming strategic relationships that advance its mission.
According to the U.S. Department of International Trade, Turkiye ranks as the fourth-largest country in terms of cryptocurrency trading volume, indicating the country’s growing interest in digital assets. According to a report by Chainalysis, Turkiye received approximately $170 billion in crypto transactions last year, reflecting significant adoption due to the need to combat currency devaluation.
“Tether and BTguru believe in the transformative power of digital assets and peer-to-peer technology. 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 can promote freedom and educate people across Turkiye,” said Paolo Ardoino, CEO of Tether.
“BTguru is excited to participate in discussions with an industry giant like Tether. We will use Tether to enable new lines of business and bring its scale to Turkiye’s banking industry and emerging digital asset business. We want to be recognized for what we do,” said Can Bükülmez, Partner at BTguru.
This MoU could be an important milestone in the advancement of digital asset education in Turkiye and could make the financial environment more inclusive and resilient for businesses and individuals across the country.
About TetherEdu
Tether Edu is a global education initiative dedicated to promoting accessibility of digital skills development while promoting self-development and self-actualization. Tether Edu is the education arm of Tether and is responsible for coordinating the various global education programs supported by Tether. The platform provides an innovative educational environment to identify and practice the latest trends and expertise in specific digital industries.
