Tether, Valora, and Stabila Foundation have formed a partnership to launch a new global learning program on the use of the stablecoin USDT on the Celo blockchain.
The objective is to educate on the adoption of the largest stablecoin and demonstrate real use cases. The program will be launched in Nigeria, South Africa, Brazil, Turkey, and Vietnam.
Tether and the program on global learning of the stablecoin USDT on blockchain Celo
Tether has formed a new partnership with the mobile-first digital wallet, Valora, to launch a new program on global learning of USDT on Celo blockchain.
The Valora Learning Program aims to engage over 100,000 new Web3 users, through the Valora mobile app, in emerging markets.
Specifically, the goal is to promote the adoption of the stablecoin and demonstrate real use cases of USDT on Celo, an emerging Ethereum Layer-2 and mobile-first blockchain network.
Celo was built for the real world and designed for fast and low-cost payments around the globe.
At the moment, the program signed by Valora and Tether will be launched in Nigeria, South Africa, Brazil, Turkey, and Vietnam.
On this subject, Paolo Ardoino, CEO of Tether commented:
“We are transforming the way people relate to money, especially in unbanked communities. This collaboration with Valora on Celo allows individuals to experience the power of stablecoin technology in real and everyday situations, enabling them to participate confidently and effortlessly in the global economy. We are excited to be part of this educational program, which highlights the essential role of stablecoins in promoting stability and financial inclusion on a global scale.”
Tether: how does the new program that promotes the adoption of the stablecoin USDT on Celo work?
The Valora Learning Program will use the Valora mobile application to demonstrate to users in emerging markets the real use cases of stablecoins, providing them with an essential introduction to USDT.
Not only, through interactive learning modules, the participants will be able to gain practical experience and earn rewards in digital assets, which they can immediately use to save, send, or receive funds globally within the Valora wallet.
This program also aims to simplify the Web3 experience, making it easier, faster, and cheaper to carry out transactions with USDT on Celo.
In general, the most common use cases of stablecoin include remittances, payments, value holding, earning, and staking.
Also Jackie Bona, CEO of Valora, commented on the news:
“The mission of Valora is to unlock financial opportunities by providing access to the global digital economy, especially in emerging markets where the untapped potential is still enormous. Education is an empowerment and, by collaborating with Tether on Celo, we provide individuals with the knowledge and tools necessary to navigate and take advantage of the digital economy. Through a mobile-first approach, we are making cryptocurrencies accessible, easy to use, and directly relevant to the daily lives of people around the world.”
The expansion of the crypto company behind the largest stablecoin
Tether seems to be always present, especially on topics related to crypto and stablecoin education or financial inclusion.
Last month, in fact, the crypto company formed a partnership with Xion Global to promote blockchain education in South Africa. Not only that, also in August, Tether also invested 3 million dollars in the Kem app, to improve access to financial services in the Middle East.
Not only that, Tether continues to expand with partnerships or strategic investments. Recently, in fact, the crypto company decided to make its first $100 million investment in the agricultural and food sector. In practice, Tether acquired a 9.8% stake in the Latin American giant Adecoagro.
