One of the oldest private universities in the US, Bentley (BU), announced that it is ready to work with cryptocurrencies as a means of payment.
BU Information Department informedthat the School of Accountancy and Finance has partnered with Coinbase to enable students and their families to pay for tuition.
Coinbase is going to accept payments and donations in three cryptocurrencies – BTC, ETH and USDC stablecoins.
BU President LaBrent Chrite said the university has always been “at the forefront of business leadership development” and faculty “take pride in using the technology students are learning today.”
Student interest has fueled the creation of a new course on cryptofinance that will be launched at Bentley this fall, focusing on blockchain applications as well as decentralized finance.
Cryptocurrencies are playing an increasingly important role in the global economy, influencing the creation of new businesses, how wages are paid, how payments are tracked, and even how we buy tickets to games and concerts. According to the Pew Research Centermore than 41 million Americans — 16% of the US adult population — have invested, traded or used cryptocurrencies.
Labrent Krayt stressed that Bentley University was one of the first US universities to offer students a new digital tuition fee format.
Earlier, Citizens School Dubai announced that it would be the first educational institution in the Middle East to accept Bitcoin and Ether for tuition. The school promises to offer flexible tuition payment options, in addition to traditional forms and interest-free monthly payment options.
Source: Bits
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
