In Brief
- Tether donates $250,000 to OpenSats to fund Bitcoin and privacy tech development.
- OpenSats has issued over 300 grants for open-source and censorship-resistant projects.
- Tether maintains USDT peg at $1.00 with $181B market cap and $164B daily trading volume.
Tether, the world’s largest stablecoin issuer, announced a $250,000 donation to OpenSats, a nonprofit dedicated to funding open-source Bitcoin initiatives. The contribution will strengthen OpenSats’ operations and grant-making programs focused on advancing censorship-resistant and privacy-enhancing technologies.
OpenSats, a 501(c)(3) public charity, directs 100% of grant funds to developers, researchers, and educators while funding its operations separately. The organisation’s nine-member board oversees grant allocations across high-impact projects in Bitcoin protocol development, privacy tools, and education.
Since its founding, OpenSats has issued over 300 grants supporting contributors building “freedom tech” projects within the Bitcoin and open-source ecosystem. The new funding from Tether will help scale these initiatives globally and sustain long-term development support.
The initiative reflects Tether’s commitment to Bitcoin and the broader open-source community. The company continues to back public goods that promote transparency, innovation, and financial independence across decentralized ecosystems.
Tether Strengthens Commitment to Bitcoin While Maintaining Market Leadership
Tether said the donation reinforces its goal of promoting open, censorship-resistant infrastructure that supports Bitcoin’s long-term sustainability. The company’s contribution will expand resources for developers and organisations advancing privacy and decentralisation in financial technology.
Industry analysts view this move as part of a broader trend of institutional support for open-source funding models. Transparent and consistent funding is increasingly recognised as vital for sustaining innovation across decentralised networks and maintaining ecosystem stability.
Meanwhile, Tether (USDT) remains firmly pegged at $1.00, maintaining price stability within its expected trading range. With a market capitalisation of $181.46 billion, USDT continues to dominate the global stablecoin market.
The stablecoin’s 24-hour trading volume of $164.27 billion underscores its deep liquidity and active use across exchanges, DeFi, and payments. With 181.32 billion USDT in circulation, Tether remains the backbone of crypto liquidity and settlement activity worldwide.
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Source: https://coincu.com/news/tether-donates-250000-to-opensats-to/