Tether Awards $100K to BTCPay Server for Improving Bitcoin Payment Software

Tether has donated $100,000 to the BTCPay Server Foundation to support the development of open-source payment processing software for Bitcoin acceptance.
Tether Awards $100K to BTCPay Server for Improving Bitcoin Payment Software

Key Takeaways

  • Tether grants $100,000 to BTCPay Server to support Bitcoin payment processing.
  • The donation highlights Tether's commitment to the FOSS movement and digital payment innovation.
  • BTCPay Server aims to empower merchants globally to accept Bitcoin without barriers.

Tether, a prominent stablecoin issuer, has announced a significant $100,000 donation to the BTCPay Server Foundation.

Tether aims to emphasize its strong commitment to the Free and Open Source Software (FOSS) movement.

Empowering Bitcoin acceptance

The BTCPay Server Foundation is known for its open-source payment processor software.

This software is used by various merchants and businesses worldwide to accept Bitcoin and USDt payments on Liquid.

A step towards an inclusive future

Tether’s partnership with the BTCPay Server Foundation marks another milestone in the company’s efforts to strengthen the FOSS community.

Bitcoin Core Contributor and founding member of BTCPay Server, R0ckstar Dev, expressed gratitude for Tether’s recognition and support.

This grant will help them focus on their mission of enabling anyone to accept Bitcoin without geographic, political, or financial barriers.

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