IvoryPay, Tether to drive crypto transfers across Africa

Oluwatobi Ajayi, CEO of IvoryPay.

IVorypay, a blockchain-based payments and remittance company, has partnered with stablecoin pioneer Tether to improve crypto-based transactions across Africa.

Tether is the company that developed the stablecoin USDT, and with this agreement, it will mint USDT and issue it directly to IvoryPay.

According to the partners, the agreement will provide more reliable and economical digital transaction options for businesses and consumers across Africa.

Ivorypay leverages Tether’s widespread acceptance to provide a buffer against the generally unpredictable nature of cryptocurrencies, and to support the use of the digital currency for everyday transactions and cross-border transfers. Increase user confidence in

“Partnering with Tether is a strategic move that perfectly aligns with our vision to simplify and secure cryptocurrency transactions across Africa,” said IvoryPay CEO Oluwatobi Ajayi. Ta.

He added: “This will give us easy access to the liquidity we need to serve more businesses and individuals across the continent, and we can do it cheaper and faster than anyone else. We believe this will significantly increase user trust and increase adoption rates across the platform.” ”

“This strategic partnership between Ivorypay and Tether represents a transformative step for digital transactions across Africa,” said Ali Madhabji, Managing Partner of Blockchain Founders Fund.

“By incorporating USDT into its payment system, IvoryPay aims to increase financial inclusion, streamline cross-border remittances, and establish new standards for stability and efficiency in financial services in the region. We are excited to support Ivorypay as they seek to create new opportunities for businesses and consumers across Africa. ”

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