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.