Catenaa Sunday, February 23, 2025 – Tether has signed a Memorandum of Understanding (MoU) with Guinea’s government to support blockchain integration and digital transformation initiatives, the company announced Monday.
The agreement aims to foster blockchain adoption in the West African nation by focusing on education, innovation, and economic development. Tether will collaborate with local institutions, including Guinea’s Cité des Sciences et de l’Innovation, to develop digital skill-building programs and promote financial inclusion.
The initiative is part of Guinea’s broader efforts to position itself as a hub for technological advancement in Africa. Officials believe blockchain could modernize financial systems, enhance transparency, and drive economic growth.
Tether, known for its USDT stablecoin, has been engaging with governments worldwide to facilitate blockchain-based solutions. The company has launched similar initiatives in Türkiye, Uzbekistan, and the UAE, aiming to expand digital literacy and economic empowerment.
Guinea’s Innovation City project, a key focus of the MoU, seeks to integrate blockchain technology into governance and financial services. Officials say blockchain adoption could provide alternatives to traditional banking systems in regions with limited financial infrastructure.
