KEY TAKEAWAYS
- Tether awards a $100,000 grant to the BTCPay Server Foundation, marking its second consecutive year of support.
- The grant aims to enhance BTCPay Server’s development, usability, and privacy features, reinforcing Tether’s commitment to FOSS.
- Tether’s support aligns with its dedication to financial freedom and privacy, promoting decentralized financial infrastructure.
- By backing FOSS projects, Tether advances global access to secure, non-custodial digital payment systems.
On May 8, 2025, Tether, a leading entity in the digital asset industry, announced a $100,000 grant to the BTCPay Server Foundation. This marks the second consecutive year Tether has provided direct support to the Foundation, reinforcing its commitment to the Free and Open Source Software (FOSS) movement. The grant was announced here.
BTCPay Server is a self-hosted, open-source cryptocurrency payment processor that enables businesses, projects, and communities worldwide to accept Bitcoin and USD₮ payments. The platform remains compatible with cutting-edge technology, such as the Lightning Network, enhancing Bitcoin’s practical applications. This year’s grant builds on the foundation laid by last year’s contribution, allowing the BTCPay Server Foundation to expand development efforts, improve usability, and strengthen its privacy-focused payment platform.
Tether’s CEO, Paolo Ardoino, emphasized the company’s dedication to financial freedom and individual privacy, stating, “We firmly uphold the principles of financial freedom and individual privacy that BTCPay Server exemplifies. This new grant to the BTCPay Server Foundation reflects our respect for the cypherpunk principles that bolster the digital asset movement.”
Supporting Decentralized Financial Infrastructure
Tether’s renewed support for the BTCPay Server Foundation is part of its broader recognition of FOSS’s role in democratizing access to critical technologies and shaping the future of decentralized finance. Tether has consistently backed projects that align with these goals, including Holepunch, a fully encrypted platform for building peer-to-peer applications, and Keet, a free peer-to-peer instant messaging application that operates without centralized entities.
Additionally, Tether supports the Wallet Development Kit, an open-source, modular software development kit designed to empower businesses and developers to integrate non-custodial wallets and user experiences for USD₮ and Bitcoin across various platforms.
Advancing Open Source Tools for Global Access
Rockstar Dev, a Core Contributor and founding member of BTCPay Server, highlighted the significance of Tether’s support, stating, “Tether continues to recognize the value of FOSS, and it’s great to see that beyond supporting P2P (Holepunch), secure messaging (Keet), and the Wallet Development Kit, this second grant to BTCPay Server Foundation reaffirms a commitment to decentralized payments.”
As global demand for secure payment systems increases, Tether’s backing of FOSS pioneers promotes privacy, independence, and universal access to digital assets. This ongoing support reinforces Tether’s commitment to advancing the digital ecosystem and enabling projects that drive meaningful change.
Why This Matters: Impact, Industry Trends & Expert Insights
Tether has announced a $100,000 grant to the BTCPay Server Foundation, reinforcing its commitment to the Free and Open Source Software (FOSS) movement and supporting decentralized financial infrastructure.
Recent industry reports indicate a notable trend in the development of self-hosted and innovative open-source cryptocurrency payment platforms. This aligns with Tether’s support for BTCPay Server, as it enhances the platform’s ability to offer decentralized payment solutions.
According to expert opinions, decentralized finance and payment systems are gaining momentum, with stablecoins playing a pivotal role in transforming these systems. This supports Tether’s ongoing efforts to promote privacy and innovation in the digital asset space.
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