The Wharton School at the University of Pennsylvania plans to accept cryptocurrency as tuition for its online blockchain and digital asset program, as per the announcement made this week.

One of the nation’s premier business schools, the Wharton School, is launching a new online program called the “Economics of Blockchain and Digital Assets” early next year.

For this program, the University will accept tuition payment in Bitcoin (BTC), Ether (ETH), and stablecoin USDC through the cryptocurrency exchange Coinbase.

“Blockchain and digital assets are not going away,” said Kevin Werbach, the program's academic director. These new classes are designed for a variety of professionals in fields such as tech, finance, and management.

For this, the Wharton School worked with the blockchain economic consulting firm Prysm Group that has helped educate companies and other schools on digital assets.

The program is supported by Amazon Web Services, Hyperledger, Forte, SKALE, Synthetix, and Algorand. It will also feature guest speakers from USDC issuer Circle, VC giant Andreessen Horowitz, Forbes, cryptocurrency platform Litecoin, Unchained podcast, The Defiant, the World Economic Forum, and the US Security and Exchange Commission (SEC).

“It's a program about blockchain and digital assets, we felt that we should talk the talk and walk the walk.”

“Coinbase has 68 million verified users, any one of these users will benefit from this program.”

Guido Molinari Managing Partner at Prysm Group

The program is currently open for limited enrollment for its first cohort, which begins on January 3, 2022.

Earlier this year, the school said it received the largest ever crypto gift of $5 million from an anonymous donor.

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