Tether has made a strategic investment in Kotani Pay, an African fintech platform, to enhance financial inclusion through blockchain technology. This partnership aims to tackle issues like high transaction costs and limited access to global financial networks. Tether CEO Paolo Ardoino stated the initiative seeks to empower African communities and businesses, while Kotani Pay CEO Felix Macharia emphasized its potential to connect millions of Africans to the global financial system. This move is part of a broader trend of increasing crypto adoption in Sub-Saharan Africa, where on-chain transaction volume reached $205 billion from July 2024 to June 2025, according to Chainalysis.
Tether Invests in Kotani Pay to Enhance Blockchain Financial Access in Africa
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.