Tether joins force with industry partners to launch FASE Foundation for scam prevention and humanitarian aid

The Swiss nonprofit brings together Kraken, Chainalysis, Solana Foundation and others, with the UNODC as a strategic partner Tether has launched a nonprofit called the Financial Access and Systemic Empowerment Foundation, or FASE. Its three opening programs target youth cybercrime prevention, support for human trafficking survivors, and a stablecoin-based humanitarian aid pilot. FASE is structured as a Swiss nonprofit with 11 founding stakeholders. The roster includes Anchorage Digital, Bitfury, Bybit, Chainalysis, Fasanara Capital, Kraken, Opera, Pave Bank, Prosper Global, Solana Foundation, and Tether itself.