Oasis

Bitcoin

<div class="coinjournal">
 <div class="flex-1 overflow-hidden">
  <div class="react-scroll-to-bottom--css-spkhl-79elbk h-full">
   <div class="react-scroll-to-bottom--css-spkhl-1n7m0yu">
    <div class="flex flex-col text-sm pb-9">
     <div class="w-full text-token-text-primary" dir="auto" data-testid="conversation-turn-7" data-scroll-anchor="true">
      <div class="py-2 px-3 text-base md:px-4 m-auto md:px-5 lg:px-1 xl:px-5">
       <div class="mx-auto flex flex-1 gap-3 text-base juice:gap-4 juice:md:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]">
        <div class="relative flex w-full min-w-0 flex-col agent-turn">
         <div class="flex-col gap-1 md:gap-3">
          <div class="flex flex-grow flex-col max-w-full">
           <div class="min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 juice:w-full juice:items-end overflow-x-auto gap-3" dir="auto" data-message-author-role="assistant" data-message-id="c1fc49bb-a109-4276-af01-f5bc19ceb6b6">
            <div class="markdown prose w-full break-words dark:prose-invert light">
             <div class="flex-1 overflow-hidden">
              <div class="react-scroll-to-bottom--css-spkhl-79elbk h-full">
               <div class="react-scroll-to-bottom--css-spkhl-1n7m0yu">
                <div>
                 <div class="flex flex-col text-sm pb-9">
                  <div class="w-full text-token-text-primary" dir="auto" data-testid="conversation-turn-9" data-scroll-anchor="true">
                   <div class="py-2 px-3 text-base md:px-4 m-auto md:px-5 lg:px-1 xl:px-5">
                    <div class="mx-auto flex flex-1 gap-3 text-base juice:gap-4 juice:md:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]">
                     <div class="relative flex w-full min-w-0 flex-col agent-turn">
                      <div class="flex-col gap-1 md:gap-3">
                       <div class="flex flex-grow flex-col max-w-full">
                        <div class="min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 juice:w-full juice:items-end overflow-x-auto gap-3" dir="auto" data-message-author-role="assistant" data-message-id="2644fcc4-a715-4ed9-84ca-4f11b2b4ebd9">
                         <div class="markdown prose w-full break-words dark:prose-invert light">
                          <ul>
                           <li>Tether partners with RAK DAO to promote crypto adoption and education in the UAE.</li>
                           <li>The collaboration includes facilitating crypto payments &amp; developing educational programs.</li>
                           <li>Aim is to drive economic growth and establish RAK DAO as a global blockchain hub.</li>
                          </ul>
                         </div>
                        </div>
                       </div>
                       <div class="mt-1 flex gap-3 empty:hidden juice:-ml-3">
                        <p>Tether, the pioneering issuer of the USDT stablecoin, has forged a strategic <a rel="noopener noreferrer nofollow" title="partners" href="https://thebittimes.com/tag/partners.html">partners</a>hip with RAK Digital Assets Oasis (RAK DAO) to bolster the introduction of Bitcoin and stablecoin technology in Ras Al Khaimah, <a rel="noopener noreferrer nofollow" title="UAE" href="https://thebittimes.com/tag/uae.html">UAE</a>.</p>
                        <p>The collaboration, solidified through the signing of a Memorandum of Understanding (MoU), marks a significant step towards fostering blockchain <a rel="noopener noreferrer nofollow" title="education" href="https://thebittimes.com/tag/education.html">education</a> and <a rel="noopener noreferrer nofollow" title="adoption" href="https://thebittimes.com/tag/adoption.html">adoption</a> in the region.</p>
                       </div>
                      </div>
                     </div>
                    </div>
                   </div>
                  </div>
                 </div>
                </div>
               </div>
              </div>
             </div>
             <h2 id="tether-driving-crypto-adoption-in-uae">Tether driving crypto adoption in UAE</h2>
             <p>In alignment with RAK DAO’s mission to promote web3 innovation and spur economic growth, Tether will collaborate closely to facilitate the integration of cryptocurrency payments within the region.</p>
             <p>Additionally, the partnership will see the development of comprehensive educational programs through Tether Edu, catering to individuals across various proficiency levels. These initiatives will cover a spectrum of cutting-edge topics including Bitcoin, blockchain, peer-to-peer technologies, stablecoin adoption, and real-world cryptocurrency applications.</p>
             <p>Paolo Ardoino, CEO of Tether, expressed enthusiasm about the collaboration, underscoring the transformative potential of Bitcoin and blockchain technology in the region. He emphasized Tether’s commitment to working alongside RAK DAO to materialize this vision.</p>
             <h2 id="rak-dao-s-vision-for-blockchain-innovation">RAK DAO’s vision for blockchain innovation</h2>
             <p>Dr. Sameer Al Ansari, CEO of RAK DAO, echoed Ardoino’s sentiments, highlighting the partnership as a pivotal moment in RAK DAO’s journey towards becoming a leading blockchain innovation center.</p>
             <p>By harnessing the power of Bitcoin technology and cryptocurrencies, RAK DAO aims to drive economic growth, foster financial inclusion, and cement its position as a global leader in the digital economy.</p>
             <p>This <a rel="noopener noreferrer nofollow" title="partners" href="https://thebittimes.com/tag/partners.html">partners</a>hip comes amidst Tether’s recent announcement regarding the implementation of a robust transaction monitoring system for USDT, aimed at safeguarding against illicit activities associated with the stablecoin.</p>
             <p>With Tether’s expertise in stablecoin issuance and RAK DAO’s dedication to blockchain innovation, this collaboration is poised to significantly accelerate the adoption and understanding of cryptocurrency technology in the UAE’s Ras Al Khaimah region.</p>
            </div>
           </div>
          </div>
         </div>
        </div>
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/tether-partners-with-rak-dao-to-advance-crypto-education-and-adoption-in-uae-tbt88323.html">https://thebittimes.com/tether-partners-with-rak-dao-to-advance-crypto-education-and-adoption-in-uae-tbt88323.html</a></p>

Tether partners with RAK DAO to advance crypto education and adoption in UAE

Table of Contents

TheBitTimes

Other articles published on May 14, 2024

Fed Chairman Addresses Economic Concerns

Tether and RAK DAO Partner to Promote Bitcoin and Stablecoin Education in Ras Al Khaimah

Side-by-Side: NEAR Protocol vs Polygon

Coinbase Experiences System-Wide Outage

Crypto Price Prediction 14/5: Meme Coins Buck Market Trend to Lead New Week Rally

Artificial Intelligence Predicts Over 25X Gains for These Cryptos Amid Rising Trends

Join our free newsletter for daily crypto updates!