Ivorypay, Tether Partner to Boost Crypto in Africa

Ivorypay is a Nigerian blockchain payments and remittance startup. partnered Partnership with Tether, the leading stablecoin USDT issuer.

The partnership is expected to allow Tether to create and distribute the USDT stablecoin directly on Ivorypay. This will provide the liquidity needed to drive cost savings and stable digital transactions for Africans in business.

IvoryPay CEO, Oluwatobi Ajayi, hailed the partnership as fully in line with the company’s mission to simplify crypto trading in Africa, adding that He said he believes the solution can be adopted with confidence.

Accordingly, Ali Madhabji, managing partner of investor Blockchain Founders Fund, said the integration with USDT will set “a new standard of stability and efficiency” in financial services in Africa. He also expressed his support for Ivory Pay.

Also read: EFCC targets crypto speculators to stabilize Nigerian Naira

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