Tether (USDT) Partners with Reku to Boost Crypto Education in Indonesia

Tether
Operations
Limited,
a
leading
entity
in
the
digital
asset
industry,
has
announced
a
strategic
collaboration
with
Reku,
a
prominent
crypto
exchange
platform
in
Indonesia,
to
enhance
the
understanding
of
crypto
assets
and
blockchain
technology
among
Indonesians.
According
to

tether.io,
the
initiative
will
be
executed
through
a
comprehensive
roadshow
spanning
ten
major
cities
across
the
country.

Scope
and
Schedule
of
the
Roadshow

The
educational
roadshow
is
set
to
commence
in
September
2024
and
will
continue
until
March
2025.
It
will
cover
key
cities
including
Bali,
Medan,
Yogyakarta,
Surabaya,
Malang,
Padang,
Palembang,
Pekanbaru,
and
Balikpapan,
culminating
in
a
grand
finale
in
Jakarta.
The
primary
objective
is
to
conduct
activities
that
raise
awareness
about
the
benefits
of
blockchain,
crypto
assets,
and
peer-to-peer
technologies,
thereby
equipping
Indonesians
with
the
knowledge
required
to
make
informed
decisions
regarding
digital
assets.

Reku’s
Role
and
Background

Founded
in
2018,
Reku
has
established
itself
as
a
leading
crypto
asset
exchange
in
Indonesia.
The
platform
enables
users
to
invest
in,
buy,
and
sell
crypto
assets
while
providing
regulated
access
to
these
digital
financial
instruments.
Reku
also
assists
Indonesians
in
navigating
the
evolving
cryptocurrency
landscape
by
offering
educational
resources
and
support.

Indonesia’s
Growing
Crypto
Adoption

According
to
a
report
by
Chainalysis,
Indonesia
ranked
7th
among
146
nations
in
terms
of
cryptocurrency
adoption
in
2023.
The
country
saw
a
significant
surge
in
crypto
transactions,
amounting
to
211
trillion
Indonesian
Rupiah
(approximately
US$13
billion)
in
May.
Additionally,
the
number
of
registered
crypto
investors
saw
substantial
growth,
reaching
20.16
million
by
April
this
year.
These
figures
underscore
Indonesia’s
rising
prominence
as
a
hub
for
crypto
activities.

Statements
from
Tether
and
Reku
Executives

Paolo
Ardoino,
CEO
of
Tether,
commented
on
the
collaboration,
stating,
“Reku
and
Tether
share
a
common
vision
of
advancing
crypto
literacy,
ensuring
that
individuals
can
make
well-informed
financial
decisions
in
the
rapidly
changing
digital
landscape.
We
are
excited
to
collaborate
with
Reku
to
combine
our
expertise
and
collectively
promote
knowledge
and
education
on
crypto
assets
and
blockchain
technology
across
Indonesia.”

Jesse
Choi,
co-CEO
of
Reku,
also
expressed
enthusiasm
about
the
partnership,
saying,
“Reku
aims
to
reach
and
educate
thousands
of
participants
through
the
literacy
series
with
Tether
during
the
educational
roadshow
in
ten
major
cities.
We
hope
that
more
Indonesians
will
become
familiar
with
crypto
assets
and
blockchain
technology.”

Tether
EDU:
A
Broader
Strategy

This
initiative
is
part
of
Tether’s
broader
strategy
to
drive
the
adoption
of
crypto
assets
in
emerging
markets
and
demonstrate
the
transformative
power
of
digital
finance.
Central
to
this
strategy
is
Tether
EDU,
a
newly
established
department
focused
on
crypto
education.
Tether
EDU
is
committed
to
teaching
individuals
and
communities
about
the
benefits
and
practical
uses
of
digital
currencies
through
workshops,
online
courses,
and
collaborations
with
local
organizations.

About
Tether
EDU

Tether
EDU
is
a
global
education
initiative
dedicated
to
fostering
accessibility
to
digital
skills
development
while
promoting
self-development
and
self-realization.
As
Tether’s
educational
arm,
Tether
EDU
coordinates
various
international
education
programs
supported
by
Tether.
This
platform
aims
to
provide
an
innovative
educational
environment
that
identifies
and
implements
the
latest
trends
and
expertise
in
specific
digital
industries.

Image
source:
Shutterstock