Tether Partners with Bitqik to Boost Financial Literacy in Laos
Stablecoin issuer targets 10,000 Laotians with crypto education while expanding Bitcoin reserves to $8.4 billion
By Amoo Jubril
2 days ago
Last updated
2 days ago

KEY FACTS
- Tether and Bitqik launch initiative to educate 10,000+ people in Laos on Bitcoin and stablecoins through events and online content
- Tether acquires $876M in Bitcoin during Q4 2025, bringing total holdings to 96,185 BTC worth $8.42 billion
- Rumble Wallet launches with USDT, Bitcoin, and Tether Gold support, while new Scudo unit makes gold payments practical
Tether, the largest company in the digital asset industry, has partnered with Bitqik, a licensed digital asset exchange in Laos, to launch a financial literacy initiative focused on Bitcoin and stablecoins. The collaboration aims to educate over 10,000 people through seminars, roadshows, and online content throughout 2026.
Bitqik operates as a local, licensed exchange offering brokerage and trading services for cryptocurrencies and digital assets. The company enables users to send and receive cryptocurrency while advocating for decentralized digital currencies as tools for global economic transformation.
The strategic initiative will develop online educational content for students and host quarterly events in major Laotian cities. Target locations include Vientiane, Pakse, Vang Vieng, and Luang Prabang. Events will focus on practical use cases for stablecoins and blockchain technology.
Financial inclusion is not only achieved by access but by having a clear understanding.
said Paolo Ardoino, CEO of Tether.
He added that the collaboration reflects Tether’s commitment to grassroots education and empowering communities with knowledge and tools for meaningful digital economy participation.
Virasack Viravong, CEO of Bitqik, expressed enthusiasm about the partnership. The Bitqik Academy will organize activities promoting blockchain technology, Bitcoin investment, and stablecoin usage, particularly USD₮, throughout 2026.
Tether Rumble Wallet Launch and Gold Payment Innovation
On January 7, 2026, Tether and Rumble launched Rumble Wallet, a self-custodial cryptocurrency wallet integrated directly into the video-sharing platform. The wallet allows creators and users to hold, transfer, and receive digital assets independently.
At launch, Rumble Wallet supports Tether USD (USDT), Tether Gold (XAUT), and Bitcoin (BTC). Users can tip creators natively in crypto and make borderless payments. Tether USAT will become available in the coming weeks.
Earlier that same day, Tether announced Scudo, a new unit of account for Tether Gold (XAU₮). Scudo defines one unit as one-thousandth of a troy ounce of gold.
The smaller denomination eliminates the need to work with complex decimal fractions when transacting in gold-backed digital assets. Pricing goods in fractions of an ounce typically requires unintuitive long decimal values.
The move addresses a key usability barrier that has prevented gold from functioning effectively as a medium of exchange. Scudo aims to restore gold as a practical payment method.
Gold prices reached historic highs in 2025 amid persistent inflation concerns and interest-rate uncertainty. Record central bank purchases and growing demand for safe-haven assets drove the surge.
Tether Expands Bitcoin Holdings to $8.4 Billion
On January 1, 2026, Tether acquired an estimated 9,850 Bitcoin worth approximately $876 million during the fourth quarter of 2025. The purchase follows the company’s established policy of allocating 15% of quarterly profits toward Bitcoin reserves.
On-chain analyst Ember tracked two significant withdrawals to Tether’s reserve wallet. The first transaction moved 961 BTC valued at $97.18 million from Bitfinex on November 7, 2025.
A second, larger transfer of 8,888.8 BTC worth $778 million occurred on January 1, 2026. Tether’s Bitcoin reserve address now holds 96,185 BTC, valued at $8.42 billion.
This positions the stablecoin giant as the operator of the fifth-largest Bitcoin wallet globally. The company’s average acquisition price stands at approximately $51,117 per coin.
Based on current market prices, Tether’s Bitcoin holdings represent an unrealized profit of $3.524 billion. The company initiated its Bitcoin reserve strategy in May 2023 and has consistently executed quarterly purchases since then.
Disclaimer: Coinwaft is a crypto media platform providing cryptocurrency news, analysis, and trading information. The content of this article is for informational purposes only and should not be considered as financial, legal, or investment advice. Readers are advised once again to research or consult a financial expert before making any financial decision.
© 2026 Coinwaft. All Rights Reserved.
Amoo Jubril
Writer
Amoo Jubril
Writer
I’m a blockchain-focused content writer helping crypto brands build trust through storytelling that’s simple, authentic, and community-driven
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