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By Asia Education Review Team , Thursday, 11 April 2024

Tether Initiates Blockchain Education in the Philippines

  • The Blockchain Education Initiative in the Philippines, spearheaded by Coins.ph, aims to foster financial literacy and understanding of blockchain technologies, Bitcoin, and stablecoins. Through tailored educational programs, including workshops, online campaigns, and interactive quizzes, Filipinos from diverse backgrounds will gain insights into digital assets and their potential benefits.

    Targeting various segments of the population, the initiative caters to finance professionals, such as bankers and fintech experts, as well as overseas Filipino workers seeking efficient remittance solutions. Additionally, it extends to pawn shop owners, customers, and anyone curious about cryptocurrency basics.

    Tether, committed to promoting responsible digital asset usage, partners with Coins.ph to provide educational resources in the Philippines, echoing similar efforts in Thailand, Georgia, Uzbekistan, and parts of Africa. By activating partnerships and initiatives worldwide, Tether aims to raise awareness and comprehension of blockchain technology and stablecoins.

    The ultimate objective is to equip citizens with the knowledge and skills necessary to thrive in the crypto sector, embracing cutting-edge technologies like stablecoins and peer-to-peer systems. Coins.ph, a leading crypto exchange in the Philippines, was selected due to its prominence. Notably, the trading volume between the Philippine peso and USDT on Coins.ph surpasses that of other major trading pairs combined, indicating a significant interest in stablecoins within the country.

    In summary, the Blockchain Education Initiative in the Philippines, driven by Coins.ph and supported by Tether, endeavours to empower Filipinos with the understanding and capabilities vital for navigating the crypto landscape and leveraging emerging financial technologies.