At present, stablecoin issuer Tether announced a big award of $100,000 to the BTCPay Server Foundation that underscores Tether’s sturdy backing for the Free and Open Supply Software program (FOSS) motion, emphasizing its dedication to advancing digital fee options, the corporate said.
JUST IN: Tether donates $100,000 to BTCPay Server so it could possibly proceed engaged on enabling anybody to simply accept #Bitcoin đź’Ą
— Bitcoin Journal (@BitcoinMagazine) April 2, 2024
“Our grant to the BTCPay Server Foundation is a testament of Tether’s commitment to the open-source community and our belief in the transformative power of technology,” stated Tether CEOCPaolo Ardoino. “By supporting the BTCPay Server Basis, we’re investing in the way forward for digital funds and empowering builders to create modern options that meet the evolving wants of customers across the globe.”
The BTCPay Server Foundation is renowned for its open-source payment processor software, utilized and customized by numerous merchants and businesses globally to accept Bitcoin and USDt payments on Liquid. Tether’s grant to the foundation reflects its acknowledgment of FOSS’s pivotal role in driving technological progress and democratizing access to cutting-edge technologies.
“I am grateful to Tether for recognizing BTCPay Server’s significance as a Bitcoin FOSS venture and for its beneficiant grant,” said Bitcoin Core Contributor and founding member of BTCPay Server, R0ckstar Dev. “This contribution tremendously empowers us to focus on our mission: enabling anybody to simply accept Bitcoin, unhindered by geographic, political, or monetary limitations.”
Tether stated that his partnership signifies yet another achievement in the company’s efforts to bolster and enhance the FOSS community, and it showcases its strategic vision and dedication to fostering a digital future that is more “inclusive and equitable.”
