Bentley University Announces to Accept Crypto for Tuition Payments

Bentley University is located in Waltham, Massachusetts, and it is popular for being the oldest educational institution in the history of the city. At present, the people of the state are discussing the institution considering the role it is playing in the cryptocurrency market. The management of the university under question has enabled crypto fee support.

According to the media articles, the students at Bentley University can make their tuition fees in the form of selected cryptocurrencies such as Bitcoin, Ethereum, and stablecoin USDC. To make crypto payments possible, the university has partnered with a cryptocurrency organization called Coinbase.

Coinbase is the largest cryptocurrency exchange operating out of the United States. The cryptocurrency exchange that is regulated and is also a public listed enterprise is offering support to the business education institution by allowing the students to pay their fees in the form of cryptocurrencies. At present, the matter of student loans has been discussed at length within the political spheres of the United States.

The move of the University is not only endorsed by the crypto community on social media but also by the students of the establishment. Alex Kim is one such student who was lucky enough to start trading digital assets at the beginning. He was also the pupil responsible for the formation of the Bentley Blockchain Association last year. He told the media that many business students wish to know more about blockchain and cryptocurrencies.

Students should have Early Exposure to Cryptocurrencies

According to Alex Kim, the students studying in the field of business management should have a better grasp of blockchain and cryptocurrencies. He further explained that digital assets are going to have a big impact on the sector that these students are seeking a career in the future. Kim is trying to expand the research department to sectors like crypto payments tracking, commercial salary reimbursement, daily crypto payments, and a lot of minor and major impacts of the blockchain product on the financial economy.

Kim also quoted research from Pew Center that claims that around 41 million American citizens have already invested in some type of cryptocurrency. The number accounts for around 16% of the total adult population of the country. Another study by Fortune Business Insights was quoted that claims that the crypto market cap will double by 2028. A private university outside Boston has also decided to incorporate cryptocurrency payment options.