Tether contributes $250,000 to OpenSats for Bitcoin and open-source development support

Tether announced a donation of 250,000 USD to OpenSats, a nonprofit aimed at funding Bitcoin development and privacy technologies. This funding supports initiatives focused on censorship resistance.

OpenSats has provided over 300 grants dedicated to open-source projects, directing all funds to developers to ensure impactful contributions.

With USDT maintaining a peg at 1.00 USD and a market cap of 181 billion USD, this donation exemplifies Tether’s commitment to fostering decentralized finance.

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