Tether Invests in Kotani Pay to Boost Digital Asset Infrastructure in Africa
Tether, a leading force in the digital asset space, has announced a significant investment in Kotani Pay, a Crypto Asset Service Provider (CASP) operating in Africa. This strategic move aims to revolutionize the continent’s digital asset infrastructure, fostering greater financial inclusion and access to the global economy for both individuals and businesses. The investment will leverage Kotani Pay’s existing on-ramp/off-ramp infrastructure, which connects Web3 users to local payment channels across the diverse African market.
Kotani Pay: Bridging the Gap in African Crypto
Kotani Pay has emerged as a key player in the African fintech landscape, rapidly building a strong network and demonstrating the capability to deliver solutions specifically tailored to the unique needs of local markets. The company’s infrastructure is designed to facilitate easy access to digital assets, making it simpler for Africans to participate in the growing crypto ecosystem. This aligns perfectly with Tether’s broader goals of expanding blockchain use cases, particularly in areas like cross-border payments and digital asset management. This investment promises to empower underserved communities and lower the barriers to entry in the global financial system. The Kotani Pay team is led by CEO Felix Macharia, with co-founders Samuel Kariuki, Jonathan Morgan, and Brian Kimotho.
Conclusion
Through this investment, Tether aims to support the growth and adoption of digital assets in Africa, creating new opportunities for financial empowerment and participation in the global economy. By partnering with Kotani Pay, Tether is actively working towards building a more inclusive and accessible financial landscape across the continent.
Keywords
Related Keywords: Tether investment, Kotani Pay, Africa digital assets, cryptocurrency infrastructure, crossborder payments, blockchain technology, financial inclusion Africa, stablecoin adoption, Tether Africa, digital finance Africa
