Tether Powers Self-Custodial Finance Expansion in Africa and GCC

Tether has made a strategic investment in Shiga Digital, a fintech startup based in Abu Dhabi, to expand self-custodial digital asset products across Africa and the Gulf Cooperation Council region.

The partnership will leverage Tether's open-source Wallet Development Kit (WDK) to build financial infrastructure that lets businesses and individuals hold and transact in USDT without relying on centralized custodians.

Shiga Digital has been operating since 2016, offering a suite of financial services for pan-African commerce, including virtual accounts, over-the-counter transactions, and treasury management tools.

The company's flagship product is the Enta wallet, a self-custodial solution that uses passkeys and biometric authentication instead of seed phrases. It supports USDT, Bitcoin, and tokenized gold.