The National Taipei University of Technology (NTUT) revealed a new partnership with the crypto firm Tether in an effort to boost its blockchain and digital asset education.
On June 19, the university, also known as Taipei Tech, said its collaboration with Tether will help “enhance” education on the topic in the region and equip students with “comprehensive knowledge and practical skills” in the technology.
It also will focus on fostering an overall understanding of cryptocurrencies and digital assets like Bitcoin (BTC) and stablecoins, such as a Tether’s native asset the stablecoin (USDT).
Initially the program, “Blockchain & Digital Asset” was first launched in NTUT’s College of Management with over 110 students enrolled. The university said it “quickly became one of the most popular offerings in NTUT’s Information and Finance department.”
According to the announcement, the success of the program has sparked interest from other universities to partner with Tether for similar offerings.
“The program is designed to prepare students for responsible and informed participation in this rapidly evolving field…”
Cointelegraph reached out to Tether and NTUT for additional comments on the development.
Related: Tether launches gold-backed, US dollar stablecoin Alloy
Along with a “well-rounded” understanding of the technology powering digital assets, Tether and NTUT also intend to provide students with the ability to independently analyze and assess the validity of information regarding cryptocurrencies that is floating around in the same.
“This helps them identify scams and understand potential risks,” it said.
Additional emphasis on volatility of speculative assets, avoiding scams, compliance procedures and potential industry careers will also be taught.
Paolo Ardoino, the CEO of Tether said that the initiative aims to empower students to ultimately boost digital asset adoption in Taiwan.
“By focusing on comprehensive knowledge, [we aim] to work hand-in-hand with these prestigious universities to empower the next generation of blockchain professionals in the region.”
Stablecoins have always been a hot topic of discussion within the crypto industry, with Tether (USDT) being no exception.
On June 18, the digital asset exchange Uphold announced that it would delisting a handful of stablecoins for European users, including Tether (USDT), Dai (DAI), Frax Protocol (FRAX), Gemini dollar (GUSD), Pax dollar (USDP) and TrueUSD (TUSD), to stay compliant with its local regulations.
On the other hand, recent data has shown that the volume of stablecoin transfers has increased 16x over the past 4 years, which some industry analysts see as a sign of growing crypto adoption and industry maturity.
The CEO of Circle, which operates the stablecoin USDC, Jeremy Allaire said he’s “more optimistic” than ever before about crypto and stablecoins saying he believes stablecoins will make up 10% of money in roughly the next decade.
Magazine: Polkadot’s Indy 500 driver Conor Daly: ‘My dad holds DOT, how mad is that?’
