Tether has made a strategic investment in Shiga Digital to enhance African cross-border payments and financial services.
The partnership aims to integrate USDT into various financial services across Africa, particularly targeting sectors like oil and gas.
Blockchain-based finance is gaining momentum in Africa as it offers solutions to traditional banking challenges, providing global payment access to users.
The collaboration between Tether and Shiga Digital signifies a move towards decentralized finance in Africa and reflects the continent's increasing adoption of digital assets like stablecoins.