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Tether (USDT) Partners with Reku to Boost Crypto Education in Indonesia
Tether and Reku announce a collaboration to promote crypto literacy in Indonesia through a roadshow covering ten major cities.
Tether Operations Limited, a leading entity in the digital asset industry, has announced a strategic collaboration with Reku, a prominent crypto exchange platform in Indonesia, to enhance the understanding of crypto assets and blockchain technology among Indonesians. According to tether.io, the initiative will be executed through a comprehensive roadshow spanning ten major cities across the country.
Reku's Role and Background
Founded in 2018, Reku has established itself as a leading crypto asset exchange in Indonesia. The platform enables users to invest in, buy, and sell crypto assets while providing regulated access to these digital financial instruments. Reku also assists Indonesians in navigating the evolving cryptocurrency landscape by offering educational resources and support.
Indonesia's Growing Crypto Adoption
According to a report by Chainalysis, Indonesia ranked 7th among 146 nations in terms of cryptocurrency adoption in 2023. The country saw a significant surge in crypto transactions, amounting to 211 trillion Indonesian Rupiah (approximately US$13 billion) in May. Additionally, the number of registered crypto investors saw substantial growth, reaching 20.16 million by April this year. These figures underscore Indonesia’s rising prominence as a hub for crypto activities.
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