Zanzibar has partnered with Tether, the issuer of the worldâs most traded stablecoin, USDT, to launch a series of initiatives aimed at boosting blockchain education, digital asset adoption, and financial inclusion across the semi-autonomous Tanzanian archipelago.
The collaboration was formalized following meetings between Tetherâs CEO, Paolo Ardoino, and top Zanzibar officials, including the Minister of State, Mudrick Ramadhan Soraga. The engagement highlights Tetherâs expanding strategy to support grassroots crypto education and infrastructure development across the African continent.
[TECH] STABLECOINS | Almost the Entire USDT User Base is Now in Emerging Markets, Says CEO, Tether: Tether CEO, Paolo Ardoino, says that the recent growth of the USDT stablecoin is primarily fueled by its ad.. https://t.co/7Og2v2eRCb via @BitcoinKE
â Top Kenyan Blogs (@Blogs_Kenya) April 23, 2024
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TL;DR
- Zanzibar and Tether have partnered to promote blockchain education and financial inclusion.
- The initiative includes training programs on Bitcoin, blockchain, and digital finance tools.
- Tether CEO Paolo Ardoino met with senior Zanzibar officials to formalize the partnership.
- The move aligns with Tetherâs strategy to expand crypto literacy and financial innovation across Africa.
- Previous initiatives by Tether include educational programs in South Sudan and Uganda.
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A Strategic Push for Financial Innovation
The partnership is part of Tetherâs broader commitment to building resilient infrastructure and promoting open financial systems in underserved regions. With millions in Africa lacking access to basic financial services, Tetherâs initiative aligns with Zanzibarâs long-term goals of becoming a regional innovation and tech hub.
âZanzibarâs partnership with Tether is a testament to our dedication to advancing financial literacy and digital inclusion for our people,â said Minister Soraga, emphasizing the governmentâs support for initiatives that empower youth through technology and education.
đčđżINTRODUCING | Zanzibar Announces a National Blockchain Sandbox Program to Pilot Innovation
Participants will have the opportunity to work on pilot projects, collaborate with industry experts, and receive mentorship from leaders in the field https://t.co/vsE8gWYICa pic.twitter.com/huhBf3ZzkZ
â BitKE (@BitcoinKE) October 22, 2024
What the Program Entails
As part of the deal, Tether will launch an educational program to enhance local understanding of blockchain technology, Bitcoin, and digital financial tools. The initiative will include workshops, developer-focused programs, and capacity-building sessions designed to equip Zanzibaris with the knowledge and tools needed to participate in the global digital economy.
[TECH] STABLECOINS | âWe Have 400 Million Users in Emerging Markets â Weâre Basically Pushing Dollar Hegemony, Selling U.S Debt Outside the U.S,â Says Tether CEO: Tether is currently the 17th largest.. https://t.co/B9NgyF7CeK via @BitcoinKE
â Top Kenyan Blogs (@Blogs_Kenya) March 9, 2025
In line with this, Tether also plans to support the development of infrastructure that can facilitate blockchain-based solutions, including mobile-based digital wallets and other decentralized financial tools tailored to local needs.
âWe believe in the transformative potential of digital assets and decentralized technologies,â said Paolo Ardoino.
âOur collaboration with Zanzibar is focused on empowering communities through education, tools, and resources that foster financial innovation.â
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Ardoino, who highlighted his ideas in a recent exclusive interview with BitKE is seen as the perfect candidate for the position of Tetherâs CEO, citing his substantial influence that⊠pic.twitter.com/qfzLx5wEwD
â BitKE (@BitcoinKE) October 18, 2023
Part of a Larger African Strategy
This partnership follows similar engagements by Tether in countries such as South Sudan and Uganda, where the company has rolled out initiatives focused on Bitcoin awareness and open-source development. According to Ardoino, these efforts are designed to help communities build self-sustaining digital economies, especially in areas where traditional banking systems have limited reach.
By supporting blockchain education at the local level, Tether is not only extending its global footprint but also positioning itself as a key enabler of financial transformation in Africa – a continent rapidly embracing crypto innovation amid economic and monetary challenges.
REPORT | Almost Half of All $USDT Transactions in 2024 Originated from Emerging Markets, Says Q4 2024 @Tether_to Report
Wallet data reveals that 18.7 million accounts hold balances of less than $1, while another 31.5 million hold between $1 and $1,000https://t.co/dWLTEYuXzN pic.twitter.com/UbRRpeLRt7
â BitKE (@BitcoinKE) December 12, 2024
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