Tether Partners with RAK DAO for Blockchain Education
Tether Operations Limited, a key player in the digital asset industry, has forged a partnership with RAK Digital Assets Oasis (RAK DAO). The collaboration involves the signing of a Memorandum of Understanding (MoU) and signifies the commencement of strategic efforts to promote Bitcoin technology and stablecoin adoption in Ras Al Khaimah (RAK), the northernmost emirate in the United Arab Emirates.
Driving Crypto Adoption in the Region
As the first common law Free Zone focused on digital and virtual asset companies, RAK DAO is leading the region’s initiatives to advance Web3 innovation and spur economic growth in the emirate. Tether, in conjunction with RAK DAO, will facilitate the adoption of crypto payments in the region and develop blockchain-focused education programs.
Tether Edu: A New Avenue for Digital Education
Through its newly launched educational division, Tether Edu, Tether will devise initiatives catering to individuals of varying skill levels in cutting-edge fields such as Bitcoin, blockchain, peer-to-peer technologies, stablecoin adoption, and real-world applications of crypto. Tether Edu aims to globally promote the accessibility of digital skills development while encouraging self-development and self-realization.
Collaboration to Foster Innovation
RAK DAO has attracted interest from over 100 businesses to date. Consequently, Tether will collaborate extensively with RAK DAO on comprehensive initiatives aimed at educating and empowering local businesses, paving the way for growth and innovation. Paolo Ardoino, CEO of Tether, expressed the company’s pride in collaborating with RAK DAO to harness the potential of Bitcoin and blockchain technology in the region.
Positioning RAK DAO as a Global Leader
Dr. Sameer Al Ansari, CEO of RAK DAO, highlighted the significance of the partnership with Tether in RAK DAO’s journey towards becoming a leading hub for blockchain innovation. By leveraging the power of Bitcoin technology and cryptocurrencies, they aim to drive economic growth, promote financial inclusion, and establish RAK DAO as a global leader in the digital economy.
