Tether Partners with Multiple Institutions to Launch FASE Foundation, Plans Stablecoin Humanitarian Aid Pilot

Odaily: Tether has announced the establishment of the Financial Access and Systems Empowerment Foundation (FASE), a Swiss nonprofit organization. Its co-founding members include Anchorage Digital, Bitfury, Bybit, Chainalysis, Kraken, Solana Foundation, and other institutions, with the United Nations Office on Drugs and Crime (UNODC) serving as a strategic partner. The foundation will focus on financial security, financial inclusion, access to essential resources, and responsible AI and robotics, with priorities including combating online fraud and expanding financial services coverage for vulnerable groups.