As a seasoned analyst with years of experience observing the dynamic world of cryptocurrencies, I find this initiative by Tether and Reku particularly intriguing. Having witnessed the explosive growth of the crypto market in various parts of the globe, it’s heartening to see such proactive steps being taken to foster digital asset literacy in emerging markets like Indonesia.
Tether and the Reku cryptocurrency exchange are embarking on a country-wide educational tour about cryptos in Indonesia, with the goal of increasing knowledge about digital assets in key urban areas
As a researcher reporting on this topic, I’d rephrase it like this: Partnering with Tether, a well-known stablecoin issuer, and Reku, an Indonesian cryptocurrency exchange, I’ve been involved in a nationwide educational campaign. The goal is to boost financial literacy related to cryptocurrencies throughout the country
This joint partnership will involve a series of events spanning from September 2024 to March 2025, visiting ten major cities such as Bali, Medan, Yogyakarta, and Jakarta Jakarta, along with others, as stated in the September 4th press announcement suggests
Via this new project, Tether, the top stablecoin in terms of market value, aims to enhance the general public’s comprehension of blockchain technology in the field of blockchain and digital and cryptocurrencyptopnounce the advantages of blockchain, digital assets, and decentralized technologies
Tether targets booming Indonesian crypto market
Indonesia’s prominence in the global cryptocurrency market is marked by the roadshow, as “The roadshows (the country held a significant increase in 2023 saw Indonesia ranked 7th globally for crypto adoption, according to Chainalysis data. The number of crypto transactions increased significantly, reaching approximately 211 trillion Indonesian Rupiah ($13 billion) in May. The total registered crypto investors, over 20 million or more, the number of registered crypto investors surpassed 20 million, as reported locally
Reku co-CEO Jesse Choi expressed their intention to engage and educate thousands of participants using the literacy series, entitled “Tether”, as part of an educational tour in ten major cities
Making crypto education accessible
The roadshow is a part of strategy by Tether’s’s approach is an integral part ofly strategy encompasses expanding digital finance acceptance in developing markets, through Tether EDU – their dedicated education division. In early August, Tether collaborated with Africa Blockchain Institute, a Rwandan think tank on blockchain technology, to widen its educational mission in Ivory Coast
The aim is to deliver blockchain learning opportunities for students will be for students at five universities in West Africa, especially including Université Félix HUbah-Bou est Félémentou, INSB, UNPB, PBS, abbreviated as UFHBBP, represents a shortened version of the original universities: Université Félix Houphouët-Boigny, Institut National Polytechnique Félix Houphouët-Boigny, and École supérieure de commerce Pigier. The partnership seeks to educate students about blockchain through workshops at these five West African universities
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2024-09-04 16:34