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Tether announced that it would jointly establish the Kraken、Solana Foundation and UNODC headquartered in Switzerland FASE Foundation with a focus on financial security and financial inclusion.
Tether announced the establishment of a nonprofit foundation in Switzerland FASE, with members including Kraken,Bybit, Chainalysis, Anchorage Digital, the Solana Foundation, and others. The foundation plans to conduct anti-fraud education and a stablecoin humanitarian aid pilot.
Tether announced the establishment with 11 institutions of a Swiss nonprofit organization FASE, planning digital education, anti-fraud support, and a stablecoin humanitarian-aid pilot initially intended to reach up to 1000000 people.