Tether Powers Self-Custodial Finance Across Africa and the GCC with Shiga
Tether, the largest company in the digital asset industry, has announced a collaboration with Shiga to launch self-custodial financial products for individuals and institutions across Africa and the GCC.
The new initiative marks the next phase of Tether's strategic investment in Shiga, which was designed to expand blockchain-based financial infrastructure and USD₮ access across Africa.
The products will give users direct control over USD₮, Bitcoin, and XAU₮ while helping financial institutions build services for specific markets and payment corridors. This collaboration addresses challenges such as currency volatility, which continues to reduce purchasing power in many of the markets Shiga serves.
Tether's WDK (Wallet Development Kit) will provide the open-source wallet infrastructure underlying both products, allowing users to hold and transfer USD₮, Bitcoin, and XAU₮. The technology will be available for free with no fees or restrictions at https://wdk.tether.io