By Adedapo Adesanya
Tether Operations Limited, the largest company in the digital asset industry, and Bitnob, a financial technology company that enables payments into mobile money wallets and bank accounts, have announced a strategic collaboration to promote financial education on Bitcoin and Stablecoins in Africa.
The collaboration will feature a series of educational events hosted by Bitnob at various universities across Ghana. These events will give students a comprehensive understanding of Bitcoin and Stablecoins and their potential applications. They will also learn about some trading platforms like finance phantom.
The first event is scheduled at the University of Health and Allied Sciences in Hohoe on May 11, 2024. Subsequent events will be held at the University of Ghana in Accra on May 15, 2024, and finally at the University of Cape Coast on May 18, 2024.
As part of this collaboration, Bitnob will launch a 25-person Ambassador program where individuals will receive comprehensive education on Blockchain, Bitcoin, and Stablecoins, crucial in disseminating this knowledge within their communities.
According to a statement, Ghana stands out as one of the success stories in Africa’s cryptocurrency narrative. Ghana ranked 29th globally in cryptocurrency adoption, as per a report by Chainalysis. Over 700,000 Ghanaians currently own some form of cryptocurrency.
Speaking on the collaboration, Mr Paolo Ardoino, CEO of Tether, said it is a testament to Tether’s ongoing commitment to advancing digital education globally, with a specific focus on emerging markets
“We are thrilled to collaborate with Bitnob to bring financial education to Ghana. This collaboration will provide crypto enthusiasts and students with valuable insights into Blockchain, Bitcoin, and Stablecoins and empower them to become active participants in the digital economy, especially with the Ambassador program, which would help bridge the knowledge gap in the region,” he said.
Tether has been actively involved in recent initiatives in Africa, including sponsoring the Africa Tech Summit and The African Bitcoin Conference in Ghana. These initiatives have provided a platform for knowledge sharing and networking, further solidifying Tether’s position as a global leader in digital education.
Modupe Gbadeyanka