Tether Partners with Zanzibar e-Government Authority to Boost Financial Inclusion in East Africa
Tether, the dominant stablecoin issuer, has inked a Memorandum of Understanding with Zanzibar's e-Government Authority (eGAZ) to accelerate digital asset education and financial innovation in developing economies. The collaboration targets East Africa's unbanked populations through blockchain-based solutions.
The partnership signals growing institutional recognition of stablecoins as tools for financial inclusion. Tether's USDT, already widely used in emerging markets for cross-border payments, may gain further adoption through government-backed educational initiatives.