INTRODUCTION Recently, the world of blockchain and cryptocurrencies has seen an increase in popularity among investors and traders. With Bitcoin reaching new ATH amid massive market volatility, many have looked to other areas driving the acceptance and expansion of decentralized financing (DeFi). The two main players that facilitated this expansion were the introduction of NFT and Stablecoins. While Stablecoins have been used to represent fiat currencies in recent times, their use has been suggested to be far reaching. Thus, the introduction of Edgecoin, Educational Stablecoin into the DeFi space has attracted widespread interest. This educational stablecoin initiated by Edgecoin has emerged as one of its kind and could mark the beginning of a partnership between education and blockchain. Blockchain in particular has interesting use cases in education, among which is the payment of tuition fees, including other academic payments such as books and accommodation. Payments made through th...