Stablecoin issuer Tether has announced a strategic investment in Shiga Digital, an African blockchain financial platform. The strategic investment is to strengthen the continent’s on-chain financial ecosystem.
Shiga Digital offers virtual accounts, OTC, treasury management, and foreign exchange services, leveraging USDT to facilitate cross-border payments and global liquidity. The partnership is a significant step toward addressing cross-border payments and accessing global liquidity faced by African businesses.
The African blockchain landscape is rapidly evolving. Shiga Digital’s vision is to onboard millions of undeserved Africans into the global economy. With Tether’s partnership, a future of financial freedom is achievable.