BANGKOK, Aug. 13, 2024 /PRNewswire/ -- To promote the preservation of cultural heritage and lifelong learning among the public, and cultural tourism among visitors, Chula's Office of Arts and Culture Administration recommends activities available to everyone at Chula.
Chulalongkorn University, Thailand's first and foremost university, is more than a campus. "Chula is rich with Thailand's cultural heritage and way of life. Its architectural beauty makes walking around the campus a delightful experience. It is an art space with performances ranging from Thai classical music to Western-style musical performances alongside art exhibitions by students and renowned international artists. Museums with a wide range of exhibits offer so much to learn from," Kunchit Jitratan, Director of the Office of Art and Culture, Chulalongkorn University describes this colorful area while inviting visitors both Thai and foreign to explore. He also recommends the types of activities for visitors:
After exploring Chula's main campus, visitors can walk a short distance away and continue to enjoy countless Thai-style street food places in the Bantadthong area along with galleries, cafes, trendy shopping malls, Buddhist temples both of the Mahayana and Theravada sects, churches, and a Chinese shrine.
Read the full article at https://www.chula.ac.th/en/highlight/177684/
Media Contact:      
Chula Communication Center      
Email: Pataraporn.r@chula.ac.th
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An outing at Chula? Architecture, Museums, and Music await
TAIPEI, Sept. 18, 2024 /PRNewswire/ -- Unitas Foundation announced today that the second phase of Unitas Protocol is now live on the mainnet. This phase introduced insurance providers (IPs) who will lend their USDT to the Unitas Protocol to support its over-collateralization. Concurrently, the 4REX tokenomics system has begun its operations, including auctions, profit sharing, and IP-related benefits.
"This milestone completed the first iteration of the Unitas stablecoin ecosystem— a USDT-backed unitized stablecoin mechanism," said Sun Huang, Co-founder and Chief Technology Officer of Unitas Foundation. "Now, anyone can 'unitize' USDT into one local currency unit, including USD91 (INR-pegged), USD971 (AED-pegged), USD84 (VND-pegged), and USD1 (USD-pegged) with the over-collateralization provided by IPs."
The concept of reserving USDT as a store of value while dealing in the local unit of account is designed to address dollar shortages in emerging markets, improving both transactions and cross-border payments.
"We are thrilled to complete the USDT-reserved Unitas system," said Wayne Huang, Co-Founder and Board Director of Unitas Foundation. "The real-world applications in developing countries will be the main focus of the next stage. Meanwhile, our team is building the second Unitas ecosystem which will be backed by Tether Gold (XAUt). The transition from USD to Gold represents an exciting development for the stablecoin movement, and we are pleased to collaborate with Tether, the world's largest stablecoin issuer on this project."
Unitas Foundation, Tether, and XREX Group, a blockchain-enabled financial institution, will work together to launch XAU1, a USD-pegged unitized stablecoin over-reserved with XAUt, providing customers with a stable alternative and a hedge against inflation.
Unitas Foundation will unveil more exciting details at the second edition of the Stablecoin Summit, held on 20 September at Andaz Singapore as a side event of TOKEN2049.
About Unitas Foundation
Unitas Foundation is a non-profit organization founded in 2022. Unitas Protocol operates exogenously over-reserved stablecoins pegged to emerging market currencies. These stablecoins unleash emerging market potentials by facilitating foreign investment, cross-border payment, global market access, DeFi participation, efficient USD liquidity, and more.
To learn more about Unitas Foundation, visit its official website, Wiki, Telegram, X (formerly known as Twitter), blog, or email team@unitas.foundation.
Disclaimer:
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Unitas Protocol Launches Second Phase on Mainnet, Introducing Insurance Provider and 4REX Token
