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Market News

Tether Awards $100K Grants To The BTCPay Server Foundation

Through this grant, Tether underscores its dedication to the Free and Open Source Software (FOSS) movement, reinforcing its belief in collaborative, community-driven innovation.

Written By Kelvin Munene Kelvin Munene
Published 2024-04-02·Updated 2 years ago
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https://www.cryptotimes.io/2024/04/03/fhenix-and-eigenlayer-partner-to-develop-fhe-coprocessors/

Tether awards a $100,000 grant to the BTCPay Server Foundation, demonstrating strong support for the open-source community. This move aims to advance the development of accessible, efficient, and secure open-source payment solutions, facilitating easier Bitcoin and USDt transactions for merchants worldwide.

Championing Open-Source Development

Through this grant, Tether underscores its dedication to the Free and Open Source Software (FOSS) movement, reinforcing its belief in collaborative, community-driven innovation.

Tether Awards $100,000 Grant to BTCPay Server Foundation, Backing Free and Open Source Software Development

Read More: 👉 https://t.co/ar3dGymq55 pic.twitter.com/0ypqFCayKE

— Tether (@Tether_to) April 2, 2024

Tether’s CEO, Paolo Ardoino, highlighted the company’s commitment to enhancing the digital payments landscape, ensuring broader accessibility and security for users across the globe.

By supporting the BTCPay Server Foundation, Tether is investing in the future of digital payments and empowering developers to create innovative solutions that meet the evolving needs of users around the globe.

The BTCPay Server Foundation, a champion of financial privacy and freedom, welcomes the major boost from Tether’s recent grant. It sees this grant as a significant boost.

This funding will enable the foundation to innovate further and expand its offerings, strengthening its mission to provide secure, private, and unrestricted payment processing options. 

The collaboration between Tether and the BTCPay Server Foundation marks a stride towards a more inclusive digital financial ecosystem, demonstrating Tether’s ongoing support for the open-source community and financial freedom.

Also Read: Tether Achieves System Organization Control (SOC) 2 Compliance

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Kelvin is former crypto journalist at The Crypto Times
By Kelvin Munene
Kelvin Munene is a seasoned crypto journalist who excels in news writing, analysis, trading, editorial services, and market research. With over 5 years of working with major publications in different roles, Kelvin has earned extensive experience in the Crypto space. A passionate blockchain enthusiast, Kelvin balances his extensive research with family time and football.

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