Tether makes strategic investment in Shiga Digital

Tether, the issuer of the world's largest stablecoin USDT, announced on its website that it has made a strategic investment in Shiga Digital, a blockchain-based financial solutions platform located in Africa. The specific investment amount was not disclosed. Shiga Digital provides customized virtual accounts, over-the-counter (OTC) trading and foreign exchange (FX) trading services to companies located in Africa. The company plans to pursue blockchain technology as its core business in the future and actively utilize stablecoins such as USDT.