Tether Awards $100,000 Grant to BTCPay Server Foundation, Backing Free and Open Source Software Development

April 2, 2024 – Tether, the largest cryptocurrency industry, announced that it has awarded a grant of US$100,000. BTCPay Server Foundation This further underlines our unwavering support for the FOSS movement. BTCPay Server’s open source payment processor software is freely used and customized by thousands of merchants and businesses around the world to accept Bitcoin and USDt payments (on Liquid).

The grant awarded to the BTCPay Server Foundation stems from Tether’s recognition of the important role FOSS plays in technology advancement and its potential to make cutting-edge technology accessible to everyone. . Through this partnership, Tether aims to advance the development of an open source payment gateway, making it more accessible, efficient, and secure for users around the world.

“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,” he said. Paolo Ardoino, CEO of Tether. 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 evolving needs of users around the world. ”

The BTCPay Server Foundation, known for its dedication to promoting financial privacy and freedom, welcomed Tether’s support. This grant will significantly enhance BTCPay Server’s ability to innovate and expand its services, further strengthening its mission to provide a secure, private, and censorship-resistant platform for payment processing.

R0ckstar Dev, Core Contributor and Founding Member of BTCPay Server“We are grateful to Tether for recognizing the importance of the BTCPay Server as a Bitcoin FOSS project and providing a generous grant. It will allow us to focus on our mission of making coins accepted.” Political or economic barriers. ”

As Tether continues to pave the way for Bitcoin and USDt digital payment solutions, this partnership marks another milestone in the company’s efforts to support and enrich the FOSS community. This demonstrates Tether’s strategic focus and commitment to creating a more inclusive and equitable digital future.

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