Tether has announced a strategic investment in Kotani Pay, an African payment infrastructure company, to enhance digital asset accessibility across the continent. Kotani Pay facilitates connections between Web3 users and local African payment channels, serving as an on-ramp and off-ramp provider. This investment aims to reduce transaction costs, shorten settlement times, and improve access to global financial networks for small and medium enterprises in emerging markets.
Tether CEO Paolo Ardoino emphasized the role of blockchain technology in promoting financial freedom, highlighting Kotani Pay's vision and regional influence as key factors in the partnership. The collaboration seeks to advance shared goals of financial inclusion in Africa and beyond.
Tether Invests in African Payment Firm Kotani Pay to Boost Digital Asset Access
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