Ivy League university now allows students to pay in cryptocurrency

The rise of cryptocurrencies as a valid for payment has been nothing short of a rocky one. In fact, saying that it had a rocky start would be an understatement. Initially, both investors and institutions gave up on crypto, believing that it was a lost cause. But with the recent rise of cryptocurrencies to prominence, many of the same investors and institutions have come back around.

This time, they believe just how lucrative these types of cryptocurrencies can be in the long run and even in the short run. And as more and more investors start migrating to virtual currencies, many institutions have to catch up.

Of course, institutions are not the only businesses that have started to better adapt to the crypto revolution. Recently, Even AMC, the incredibly popular cinema chain, said that they will be accepting cryptocurrencies from their customers. And one of the most recent ones to join them happens to be the Wharton School at the University of Pennsylvania.

As one of the biggest universities in the country, THE University of Pennsylvania is offering its own course on blockchain. And keeping with the times, students who will be accepting that course will be able to pay their fees in cryptocurrencies. The fact that an educational institute, and an Ivy League one at that, has started to accept cryptocurrencies is very telling of how well the crypto market is doing.

The course for cryptocurrencies is all set to begin in the first month of 2022. It will go in depth about the market and how blockchain technology works. However, it will not be focusing on how to trade better, but the instructor for the course may offer some valuable information. The Ivy League university will be accepting payments that come in the form of USDC, Ethereum, and Bitcoin. While Bitcoin and Ethereum were obvious choices, no one was expecting them to start accepting USDC, which is still relatively new.

Coinbase, one of the largest cryptocurrency exchanges in the world right now, will be processing all of the payments that come in for fees. The instructors for this course have worked closely with some of the biggest names in the crypto world in order to get a better understanding of how to shape it.

However, despite being the first Ivy League school to accept cryptocurrency, another school beat them to the record of the absolute first school to accept cryptocurrency. That privilege would go to the King’s College within New York. It was the first educational institute to accept cryptocurrencies as a whole for tuition payments. And given the current success of cryptocurrencies. That is surely not about to stop anytime soon.