Tether joins force with industry partners to launch FASE Foundation for scam prevention and humanitarian aid

The Swiss nonprofit brings together Kraken, Chainalysis, Solana Foundation and others, with the UNODC as a strategic partner Tether and a group of digital asset and technology companies have launched the Financial Access and Systemic Empowerment Foundation to expand financial protection and inclusion while supporting vulnerable communities. The Swiss nonprofit’s founding group includes Anchorage Digital, Bitfury, Bybit, Chainalysis, Fasanara Capital, Kraken, Opera, Pave Bank, Prosper Global, Solana Foundation and Tether. The UNODC will act as a strategic partner and provide technical guidance. FASE’s first programs target online scams, youth education, human trafficking and humanitarian assistance. In partnership with Goodwall, the foundation aims to provide digital education and scam-prevention resources to up to 10 million young people, particularly in Africa, Latin America and Southeast Asia.

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