According to ChainCatcher, based on official information, 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 cross-border payment and global liquidity acquisition challenges faced by African enterprises through blockchain financial infrastructure based on USDT. Both parties will support fund and foreign exchange management for traditional industries such as oil and gas within and outside Africa, and help independent contractors easily obtain foreign currency and global payment services.
