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Tether launches FASE Foundation to fight scams and pilot stablecoin aid

Tether launches FASE Foundation to fight scams and pilot stablecoin aid

Photo: Crypto Briefing

The Swiss nonprofit brings together Kraken, Chainalysis, Solana Foundation and others, with the UNODC as a strategic partner Tether has launched a nonprofit called the Financial Access and Systemic Empowerment Foundation, or FASE. Its three opening programs target youth cybercrime prevention, support for human trafficking survivors, and a stablecoin-based humanitarian aid pilot. FASE is structured as a Swiss nonprofit with 11 founding stakeholders. The roster includes Anchorage Digital, Bitfury, Bybit, Chainalysis, Fasanara Capital, Kraken, Opera, Pave Bank, Prosper Global, Solana Foundation, and Tether itself.

Source: Crypto Briefing

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