Bentley University in Waltham, Massachusetts, has reported it is now accepting tuition payments in digital currencies. The president of the university said that the institution is at the front-line in preparing business leaders and happy to implement the technology being taught to its learners.
Bentley University Signs Partnership with Coinbase, to Support Three Cryptos
In the announcement from the university, the institution has signed a partnership deal with Coinbase to offer students and families the ability to clear payments with cryptos. The school will start by supporting three digital coins: Bitcoin (BTC), Ethereum (ETH), and USD coin (USDC). According to the university president, E. LaBrent Chrite, the school was started 105 years ago and adopting cryptos can help to shift the financial landscape.
The president explained that Bentley is always at the front-line in preparing business leaders by equipping them with the knowledge to help them succeed in the rapidly changing global economy. The institution is bringing to students the knowledge they will apply after leaving college.
Students Have Huge Interest in Blockchain
More universities around the globe, such as the University of Cumbria in Carlisle, England, and the Finance Business School in Paris, France, are already supporting crypto coins. Lucerne University of Applied Sciences in Switzerland is also using cryptocurrencies.
In the United States, the King’s College in Pennsylvania and the University of California Berkeley are also accepting crypto payments. Bentley also highlighted that one of its students, Alex Kim, has already unveiled the Bentley Blockchain Association.
Kim said that students have a lot of interest in decentralized finance (DeFi), blockchain, and crypto investments. These are the technologies impacting the industries they will work in after leaving college.