Tether launches FASE foundation for stablecoin aid and scam education
- —FASE is registered in Switzerland and focuses on financial access and responsible AI
- —Founding members include Tether, Kraken, Bybit, Chainalysis, Anchorage Digital and Solana Foundation
- —With UNODC the foundation will teach up to 10 million young people to spot scams
- —The Prosper Global pilot will reach up to 1 million aid recipients via stablecoins
Why it matters: The largest stablecoin issuer is moving into humanitarian payments, a step that could strengthen USDT's standing with regulators and NGOs.
Source: PANews