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Tether announced a strategic investment in the African Blockchain financial platform Shiga Digital

2025-06-05 15:31:35

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.

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