Quidax, Africa's leading cryptocurrency exchange, has announced a strategic partnership with Tether, the largest company in the digital asset industry, to boost blockchain education across the continent. This collaboration aims to empower over 15,000 individuals and businesses in Nigeria and Ghana with the knowledge to effectively leverage digital assets.
With the increasing interest in digital currencies across Africa, Quidax and Tether are committed to enhancing public understanding of Bitcoin and stablecoins through a comprehensive education program. The initiative will include financial literacy campaigns, thought leadership, interactive workshops, and community engagement efforts designed to help users navigate the digital asset ecosystem safely and effectively.
"With rising interest in digital assets across Africa, stablecoins like USDT provide a reliable way for people to store value and conduct business transactions with ease," said Buchi Okoro, CEO of Quidax. He added, "Collaborating with Tether allows us to bridge the knowledge gap and drive broader education on cryptocurrency in a way that benefits everyday people."
USDT, a dollar-pegged stablecoin, plays a vital role in financial inclusion by providing stability amid currency volatility and facilitating seamless cross-border payments. This partnership is especially timely as Africa emerges as a significant player in the global cryptocurrency market, highlighting the region's growing demand for digital financial education.
"At Tether, we are committed to fostering financial education and empowering communities with the tools they need to navigate the digital economy," said Paolo Ardoino, CEO of Tether. "Africa is at the forefront of blockchain adoption, with Ghana and Nigeria among the most prominent emerging markets. Through this collaboration with Quidax, we aim to equip individuals and businesses with the knowledge to consciously leverage digital assets. By working together on financial education, we are laying a foundation for a more inclusive and accessible financial ecosystem."
Together, Quidax and Tether are working to create a more inclusive financial environment in Africa by fostering financial literacy and expanding access to digital asset education. This partnership represents a significant step forward in empowering the next generation of digital asset users on the continent, ultimately contributing to a more robust and resilient financial landscape.
Play audio
Comments
Add your comment
Categories
Startup Raises
255
Feature
78
Fintech
32
Fresh News
665
How To
75
Acquisition
36
Reports
18
Opinion
43
Recent Posts
The Importance of Agile Methodologies for Startup Success
In today’s fast-paced business landscape, where...
AI Will Power the Next Wave of Financial Inclusion, Says SANEF’s Uche Uzoebo
As progress continues in enhancing financial inc...
Meta Rolls Out New Facebook Measures to Suppress Spam and Support Real Creators
Meta has announced a series of new measures aime...
Provisioning-on-Demand Software Can Radically Reduce Wastage for MNOs
By Craig Palmer, Chief Executive Officer at VAS-...
Logidoo Opens Global Trade Channels for African Businesses with Groupage Shipping
Logidoo, the pan-African logistics platform, has a...
Related Post
Hackers Are Logging In, Not Hacking In, in 56% of IR and MDR Cases – Sophos Report
Sophos, a global leader in innovative security solutions for combating cyberatta...
MarkHack 4.0: Igniting Innovation in Nigeria’s Media and Marketing Landscape
The future of marketing is poised for significant evolution, driven by technolog...
From Payhippo to Rivy: A Bold Rebrand with $4M Pre-Series A Funding
Rivy, an AI-powered lender dedicated to Africa's renewable energy sector, has an...
No comments