Tether Invests in Katoni Pay to Expand Digital Payments in Africa

Tether, the issuer of the world's largest USD-pegged stablecoin, has made a strategic investment in Katoni Pay, a payment infrastructure provider focused on bridging Web3 users with local financial channels across Africa. The partnership aims to enhance digital asset accessibility, reduce cross-border transaction inefficiencies, and integrate African businesses into the global economy.

Katoni Pay has established itself as a key player in Africa's fintech landscape by improving connectivity between local markets and international financial systems. Tether's involvement is expected to accelerate blockchain adoption and financial inclusion for underserved communities.

The collaboration specifically targets liquidity constraints and transaction bottlenecks that have long hampered African enterprises. By leveraging stablecoins, the initiative seeks to mitigate high fees, slow settlements, and limited access to global payment networks—barriers that have historically stifled regional economic growth.