#TradingTypes101
Tether has invested in the pan-African blockchain solutions platform Shiga Digital, marking another step in its strategy to expand across the African continent.
Just after another strategic investment in the Chilean crypto platform Orionx, with a focus on Latin America, Tether announced plans to once again leverage its vast resources to provide Tether (USDT) based solutions to users across Africa.
With Shiga Digital, Tether aims to offer solutions to the challenges of cross-border payments and global liquidity. The collaboration will utilize a suite of Shiga Digital products, including virtual accounts, over-the-counter services, treasury management, and foreign exchange.
The services are geared towards enterprises across the continent, and USDT will be key in enabling users to access foreign currency payments. Shiga Digital and Tether aim to democratize traditional finance through the integration of USDT.
You may also like: Tether allocates 10,500 BTC for SoftBank's investment in Twenty One Capital
Blockchain adoption is rising, and not many crypto companies are raising the traction and influence of Tether, the issuer of the world's largest stablecoin by market share.