Bentley Now Accepting Cryptocurrency for Tuition Payments

The university is partnering with the crypto trade Coinbase to take 3 cryptocurrencies — Bitcoin, Ethereum and the stablecoin USD Coin — giving college students and their families new methods to pay out their tuition. Bentley is also organizing to settle for gifts and donations in Bitcoin, Ethereum and USD Coin. 

Cryptocurrencies perform an progressively important function in the world’s overall economy, impacting the development of new enterprises, how salaries are paid, how payments are tracked, and even how we purchase tickets to online games and concert events. A lot more than 41 million Us citizens – 16 percent of U.S. grown ups – have invested in, traded or applied cryptocurrency, in accordance to the Pew Analysis Heart. The world wide cryptocurrency marketplace is projected to a lot more than double, from $910.3 million in 2021 to $1.9 billion in 2028, according to Fortune Company Insights

Alex Kim ’22, MSF ’23
Alex Kim ’22, MSF ’23

Bentley college student Alex Kim ’22, MSF ’23 was an early cryptocurrency adopter. He began investing in Bitcoin during higher college, and final fall he introduced the Bentley Blockchain Affiliation, just one of the number of pupil-led blockchain groups in the country. The team has developed to 257 users just a several months soon after its generation.

“Students have a real interest in being aware of additional about blockchain, decentralized finance and cryptocurrency investments,” mentioned Kim, who will be a speaker at NFT.NYC, the world’s top function focused on non-fungible tokens or NFTs. “These technologies are influencing the industries the place they will be operating.”