Tether donates to the BTCPay Server Foundation
Tether, a stablecoin issuer, has donated $100,000 to the BTCPay Server Foundation to demonstrate the company's support for the Free and Open Source Software (FOSS) movement and its commitment to improving digital payment systems. Paolo Ardoino, CEO of Tether, says this grant is a sign of their belief in the transformative potential of the technology and their intention to encourage developers to create new tools that meet the changing needs of users worldwide.
The role of the BTCPay Server Foundation
The BTCPay Server Foundation is known for its open source software that allows businesses to accept Bitcoin and USDt payments. Tether's financial contribution underscores the importance of open source software in driving technological innovation and making advanced technologies available to all. R0ckstar Dev, a Bitcoin Core Contributor and founder of BTCPay Server, expressed gratitude for Tether's recognition and support, emphasizing that this reinforces the project's goal of making Bitcoin payments acceptable to everyone, regardless of location or economic constraints make possible.
Tether and the future of the FOSS movement
Tether views this partnership as part of its ongoing efforts to strengthen the FOSS community and as a step towards creating a digital future that is inclusive and fair for everyone.
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