According to Odaily, Tether Operations Limited has announced a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO). The collaboration aims to promote education programs on Bitcoin technology and stablecoins in the Ras Al Khaimah region. The recently launched educational department, Tether Edu, will develop programs for individuals of varying skill levels. These programs will cover cutting-edge fields such as Bitcoin, blockchain, peer-to-peer technology, stablecoin adoption, and practical use cases of cryptocurrencies.

The partnership between Tether Operations Limited and RAK DAO is a significant step towards increasing awareness and understanding of cryptocurrencies and their underlying technologies. By offering educational programs tailored to different skill levels, they aim to make these complex topics more accessible to a wider audience. This initiative is expected to contribute significantly to the growth and development of the cryptocurrency sector in the Ras Al Khaimah region.

The MoU signifies a commitment from both parties to work together in promoting and facilitating the adoption of Bitcoin and other stablecoins. This collaboration is expected to have a positive impact on the cryptocurrency market, fostering a more informed and educated user base. The practical use cases of cryptocurrencies will be a key focus of the educational programs, providing real-world context and applications for these digital assets.