Today, stablecoin issuer Tether Announced a significant reward of $100,000 to the BTCPay Server Foundation That underscores Tether's strong support for the free and open source software (FOSS) movement, emphasizing its commitment to advancing digital payment solutions, the company stated.
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JUST IN: Tether donates $100,000 to BTCPay server so it can continue working to allow anyone to accept twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin
– bitcoin Magazine (@BitcoinMagazine) twitter.com/BitcoinMagazine/status/1775172587326189867?ref_src=twsrc%5Etfw”>April 2, 2024
“Our grant to the BTCPay Server Foundation is a testament to Tether's commitment to the open source community and our belief in the transformative power of technology,” said Tether CEO CPaolo Ardoino. “By supporting the BTCPay Server Foundation, we are investing in the future of digital payments and empowering developers to create innovative solutions that meet the changing needs of users around the world.”
The BTCPay Server Foundation is recognized for its open source payment processing software, used and customized by numerous merchants and businesses around the world to accept bitcoin and USDt payments on Liquid. Tether's grant to the foundation reflects its recognition of FOSS's critical role in driving technological progress and democratizing access to cutting-edge technologies.
“I am grateful to Tether for recognizing the importance of BTCPay Server as a bitcoin FOSS project and for their generous grant,” said bitcoin core contributor and founding member of BTCPay Server, R0ckstar Dev. “This contribution greatly allows us to focus on our mission: allow anyone to accept bitcoin, without geographical, political or financial obstacles.”
Tether said its partnership marks another milestone in the company's efforts to strengthen and enhance the FOSS community, and showcases its strategic vision and dedication to fostering a digital future that is more “inclusive and equitable.”
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