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Tether Invests in Shiga Digital to Expand USDT Use in Africa

  • Tether has invested in Africa's Shiga Digital to enhance USDT-powered financial services and blockchain technology in the region.
  • The partnership aims to facilitate faster, cheaper cross-border payments for African businesses, introducing direct USDT payments for everyday goods and services.
  • Shiga Digital's focus on virtual accounts, foreign money transfers, and OTC trading will be boosted by integrating USDT, a stablecoin pegged to the USD.
  • This collaboration signifies Tether's commitment to advancing blockchain innovation in Africa, empowering individuals and businesses to access financial services and contribute to a more inclusive financial market.

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