According to ChainCatcher news, USDT issuer Tether announced a strategic investment in the African blockchain financial platform Shiga Digital, with the specific amount undisclosed.
It is reported that Shiga Digital provides virtual accounts, over-the-counter trading services, fund management, and foreign exchange (FX) services for African enterprises.
This collaboration will address the long-standing challenges of cross-border payments and global liquidity access faced by African enterprises through a USDT-based blockchain financial infrastructure. Both parties will support funding and foreign exchange management for traditional industries such as oil and gas within and outside Africa, and assist independent contractors in easily obtaining foreign currency and global payment services.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
