American university wants to start accepting cryptos for tuition payments

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What I know is that some schools are already taking Bitcoin or cryptocurrency as courses or blockchain technology in general but accepting crypto as payment of school fees is the height and next-level stuff. Who would have thought it be done so early? I was thinking until it’s fully adopted all over the world before it can be used as payment for education but seems to have thought wrong because a university has started it already.

Accepting crypto
A private university in the U.S Bentley University has stopped my imagination by announcing that they will now start accepting crypto as tuition payment either part or full-time payment. The school is located in Waltham, Massachusetts, United States and it’s a private school for business studies. They believe that their accepting crypto is setting an example to lead the way in adopting crypto and blockchain technologies in universities and also changing the world itself.

Partnership
Bentley University to adopt crypto as tuition payment, they will be partnering with coinbase the largest crypto exchange platform in the country, and they said only three cryptocurrencies will be accepted as payment and they are; Bitcoin, Ethereum, and USDC. The platform won’t be used for tuition payment alone but also for those who are willing to donate to the school in crypto can also use the exchange platform.

The president of Bentley University, Brent Chrite said: “Bentley University is at the forefront and leading example in preparing business leaders with the skills, mindset and knowledge to succeed in the changing world economy. We’re proud to embrace this technology that our students are learning about, which will soon transform the global business landscape they’re about to enter.”

Speaking about students learning blockchain technologies, a Bentley University student, Alex Kim set up a Bentley Blockchain Association (BBA) in 2021, where students can join the group and learn about blockchain technologies, decentralized finance and other crypto activities in the crypto ecosystem. The group started small at first, but when crypto has become more recognized and popular the group has grown to 257 members.

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