Tether recently concluded a strategic agreement with Guinea to explore blockchain and peer technology.
This collaborationDetailed in a memorandum of understanding (Mou), aims to lay the foundations for the adoption of blockchain by the nation while encouraging technological progress.
The initiative is focused on knowledge sharing and promoting innovation, focusing on areas such as education and sustainable technological practices. AttachedKnown to issue the first stablecoin by market value, previously continued similar efforts, such as its agreement with Uzbekistan in 2022 to promote the education and tokenization of blockchain.
An important aspect of this partnership is the emphasis on educational programs designed to develop blockchain expertise in the public and private sectors. The objective of TETHER is to cultivate local talents, to raise awareness and to equip the labor market with essential digital skills. The CEO, Paolo Ardoino, stressed that the project promotes economic growth, positioning Guinea as a technological leader in Africa.
The Government of Guinea, led by the acting president, Mamady Doumbouya, wishes to prepare its younger population for the challenges and opportunities of the digital era. One of the main objectives of this partnership is the country’s “Innovation City” project, which will serve as a hub for technological companies and research initiatives.
The growing interest in the adoption of crypto and blockchain in Africa is notable, surveys showing a strong commitment to countries like Nigeria and South Africa, where the property of cryptocurrencies is increasing.
