National Taipei University of Technology Collaborates with Tether

The National Taipei University of Technology (NTUT) has announced a new partnership with the cryptocurrency firm Tether to enhance blockchain and digital asset education. Taipei Tech, as the university is also known, aims to equip students with comprehensive knowledge and practical skills in technology through this collaboration.

The joint effort will focus on improving education in the region, providing students with insights into cryptocurrencies like Bitcoin (BTC) and stablecoins such as Tether's native asset, the stablecoin (USDT). The program called "Blockchain & Digital Asset" was launched in NTUT's College of Management with over 110 enrolled students. It quickly gained popularity in the university's Information and Finance department.

The success of the initiative has attracted interest from other universities looking to collaborate with Tether for similar educational programs. NTUT emphasized that the program is designed to prepare students for responsible and informed participation in the rapidly evolving field of blockchain and digital assets.

Objectives of the Collaboration

NTUT and Tether aim to provide students with a well-rounded understanding of the technology behind digital assets. The partnership also focuses on empowering students to independently analyze and evaluate information related to cryptocurrencies to identify scams and potential risks effectively.

The education extends to topics like the volatility of speculative assets, scam avoidance, compliance procedures, and potential career paths in the industry. Paolo Ardoino, the CEO of Tether, expressed that the goal of the initiative is to empower students to drive digital asset adoption in Taiwan by equipping them with comprehensive knowledge.

Industry Insights

Stablecoins, particularly Tether (USDT), have been a significant topic of discussion in the crypto industry. Uphold, a digital asset exchange, recently announced the delisting of several stablecoins for European users to comply with local regulations.

Industry data reveals a 16x increase in stablecoin transfers over the last four years, indicating the growing adoption and maturity of the crypto industry. Jeremy Allaire, the CEO of Circle, which operates the stablecoin USDC, expressed optimism about the future of stablecoins, predicting they will constitute 10% of global money in the next decade.

The collaboration between NTUT and Tether signifies a significant step towards enhancing blockchain and digital asset education, preparing students for the evolving landscape of the industry.