In the growing story of blockchain adoption across Africa, another chapter has just been written, this time with Tether’s ink.
Tether, the issuer of the $112 billion USDT stablecoin, has announced a strategic investment in Shiga Digital, a pan-African blockchain-based platform offering virtual USD accounts, OTC trading, FX services, and treasury tools tailored for African enterprises. While the amount remains undisclosed, the move signals Tether’s intent to deepen its roots across Africa’s growing blockchain economy.
Africa’s financial structure is riddled with issues like volatile currencies, cross-border friction, and limited access to global liquidity. Shiga Digital tackles this head-on. By allowing users, especially contractors and SMEs, to interact directly in USDT without off-ramping into local currencies, it’s not just improving access to capital, it’s redefining what financial inclusion looks like on the continent.
Legacy industries like oil and gas, often underserved by conventional banking, will now have infrastructure to manage treasury functions and FX needs more efficiently. Independent contractors who have long faced barriers receiving international payments will find new freedom on stablecoin rails.
Tether’s CEO Paolo Ardoino put it plainly,
“Stablecoins are the heartbeat of financial transformation.”
And with blockchain regulations picking up in countries like Morocco and Nigeria, Africa is signaling readiness, not just to experiment, but to implement.
The partnership with Shiga is not just about expansion, it’s about impact, about placing real-world blockchain solutions where they matter most.
About Shiga Digital
Shiga Digital , a FINTECH group that specialises in developing cutting-edge applications using blockchain and cloud technology. It is co-founded by Abiola Shogbeni (CEO) and Dami Etomi (COO). The platform offers USDT-powered services like virtual accounts, FX management, and OTC solutions to African businesses.
The team’s goal is to make stable digital dollars accessible, practical, and empowering, especially for communities historically locked out of global finance. By integrating blockchain rails directly into everyday operations, Shiga Digital aims to turn financial freedom from a promise into a lived reality.
