USDT
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−3.4%Tether and Shiga plan self-custodial USDT wallets for Africa and GCC
Image: Crypto.newsTether has invested in Abu Dhabi-headquartered Shiga Digital to expand self-custodial digital asset products across Africa and the Gulf Cooperation Council. The plan uses Tether's open-source Wallet Development Kit. Shiga plans ENTA for individuals and businesses. ENTA wallets can hold and transfer USDT, Bitcoin and Tether Gold. Users can fund wallets with local currency, U.S. dollars or Bitcoin. Shiga's Nigerian Digital Asset Intermediary licence remains subject to final approval.
Key points
- Tether has invested in Abu Dhabi-headquartered Shiga Digital to expand self-custodial digital asset products in Africa and the GCC.
- The plan uses Tether's open-source Wallet Development Kit for self-custodial wallets with USDT integration.
- Shiga plans ENTA for individuals and businesses, with self-custodial support for USDT, Bitcoin and Tether Gold.
Why it matters
The plan is for users in Africa and the GCC to hold and transfer USDT, Bitcoin and Tether Gold without centralized custodians. Tether's Wallet Development Kit is open-source infrastructure for building such wallets.
What's unclear
Shiga says its Nigerian Digital Asset Intermediary licence remains subject to final approval.
Neither Tether nor Shiga provided a comparable cost estimate for transfers through ENTA.
Price context · USDT
At publication
$0.9998
Now
$0.9998
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Crypto.news
Tier 2
Tether and Shiga plan self-custodial wallets for Africa and the GCC
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Crypto.news
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
