Tether and partners launch FASE Foundation for anti-scam programs and stablecoin aid

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Tether launches FASE Foundation

Highlights

Tether, Solana Foundation, Kraken, and other partners launched the FASE Foundation with UNODC input, focusing on anti-scam, financial inclusion, and responsible technology.
FASE's first initiatives include a global youth alliance to educate up to 10 million young people and a Prosper Global pilot using stablecoins for humanitarian aid distribution to up to 1 million recipients.
FASE will expand Tether's cybercrime-prevention activities in Africa, Asia, and Central America and collaborate with the UN Trust Fund to support human trafficking survivors.

Foundation structure and first programs

As announced by Tether News, the new foundation starts with a founding stakeholder group that includes Anchorage Digital, Bitfury, Bybit, Chainalysis, Fasanara Capital, Kraken, Opera, Pave Bank, Prosper Global, Solana Foundation and Tether, while the United Nations Office on Drugs and Crime is providing technical advice.

FASE is organized around four pillars, financial safety, financial freedom and inclusion, access to resources, and responsible AI and robotics. The foundation says these areas are designed to strengthen systemic resilience and expand access to connectivity, clean energy and healthcare alongside financial services.

Its first initiatives include a global youth alliance with Goodwall aimed at reaching up to 10 million young people with digital education and scam-prevention tools, with a focus on higher-risk regions including Africa, Latin America and Southeast Asia. FASE is also working with Prosper Global on an initiative exploring whether stablecoins can distribute humanitarian aid more transparently and efficiently, with an initial pilot that could reach up to 1 million people.

Industry and humanitarian implications

Beyond new pilots, the foundation builds on Tether's existing work on human trafficking, cybercrime and support for African civil society organizations. FASE says it is using Tether's cooperation with the UNODC to scale cybercrime-prevention activities in Africa, Asia and Central America, and plans to support groups assisting survivors of human trafficking in collaboration with the United Nations Trust Fund for Victims of Human Trafficking.

Chief Executive Paolo Ardoino says the project is intended to reach communities that have been underserved by traditional finance and to expand existing efforts through broader industry and United Nations collaboration. Before the official launch, founding stakeholders met in Lugano to align strategic priorities across the foundation's core pillars and mark its establishment.

In our earlier coverage of AI’s rapid adoption in business, we noted that the technology is raising the competitive baseline and leaving less room for “average” performance, including for companies in Nigeria and other emerging markets. The piece emphasized that firms need to rethink investment priorities, workforce skills, and decision-making processes, since AI-driven productivity and automation can strengthen market position while slow adopters risk falling behind.

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