Tether launches crypto and blockchain education program in Switzerland

“It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners,” said Paolo Ardoino.

Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether (USDT).

In a Thursday announcement, Tether and Lugano said they will be launching the Plan ₿ Summer School in an effort “to bring blockchain and crypto education to the masses.” The education center is part of Tether’s “Plan ₿” initiatives with the Swiss city, which have included making Bitcoin (BTC), Tether (USDT) and the LVGA token legal tender in the area.

@luganomycity @Tether_to @FranklinSwitz @USI_university announced today the launch of @LuganoPlanB Summer School, 3-16 July 2022. Apply now #Lugano @LuganoLivingLab https://t.co/PI0USZpA96

— Lugano (@luganomycity) May 19, 2022

According to the school’s website, the two-week program will run in July and feature speakers including Blockstream CEO Adam Back and Tether and Bitfinex chief technical officer Paolo Ardoino. Topics include basic introductions to stablecoins and cryptocurrencies as well as blockchain analysis and regulatory policy around digital assets.

“As adoption continues to drive participation in the cryptocurrency ecosystem, it is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners looking to implement these financial tools into their everyday lives,” said Ardoino.

Related: Swiss think tank initiates vote to add Bitcoin in federal constitution

Co-organized with the nearby Franklin University Switzerland, or FUS, and supported by the Università della Svizzera Italiana and FUS’ Taylor Institute, the Plan ₿ school initiative is aimed at equippi a new generation of workers with the skills needed in the digital asset space. Other crypto-friendly countries including El Salvador — where BTC has been accepted as legal tender since September 2021 — have launched similar education centers in an effort to increase adoption.