Tether, the largest company in the digital asset industry, announced a strategic investment in Kotani Pay, an on-ramp/off-ramp infrastructure that connects Web3 users to local payment channels across Africa. This investment aims to empower people and businesses in Africa by allowing easy access to digital assets and lowering barriers to global financial participation.
Kotani Pay has established itself as a name in the African financial technology landscape, with a growing network and the ability to deliver solutions tailored to local market needs. Its infrastructure aligns with Tether's broader mission to expand blockchain use cases, such as cross-border payments and digital asset management, provide extensive access to financial tools, and create systems that empower underserved communities to participate in the global economy. By leveraging blockchain technology, Kotani Pay enables enterprises to manage international operations efficiently, offering businesses and individuals practical solutions to access global liquidity and transact with ease.
This investment will make access to digital assets and cross-border payment systems seamless, addressing long-standing challenges faced by SMEs and corporates in emerging markets such as high transaction costs, long settlement times, and limited access to global financial networks. Businesses and individuals previously excluded from the international financial system will gain direct access to the global economy, supported by blockchain-powered solutions that deliver stability, security, and efficiency.
