Tether and Quidax Partner to Boost Blockchain Education in Africa

27.03.2025 40 times read 0 Comments Read out

Tether and Quidax Join Forces to Advance Blockchain Education in Africa

On March 24, 2025, Quidax, a leading cryptocurrency exchange in Africa, announced a strategic partnership with Tether, the largest company in the digital asset industry. This collaboration is set to enhance blockchain education across Africa, starting with Nigeria and Ghana. The initiative aims to empower over 15,000 individuals and businesses by providing them with the knowledge to effectively utilize digital assets such as Bitcoin and stablecoins.

The partnership will include a variety of educational efforts, such as financial literacy campaigns, interactive workshops, and community engagement programs. These initiatives are designed to help users navigate the digital asset ecosystem safely and efficiently. Buchi Okoro, CEO of Quidax, emphasized the importance of stablecoins like USDT in providing a reliable means for storing value and conducting business transactions amidst currency volatility. He stated, “Collaborating with Tether allows us to bridge the knowledge gap and drive broader education of cryptocurrency in a way that benefits everyday people.”

“At Tether, we are committed to fostering financial education and empowering communities with the tools they need to navigate the digital economy. Africa is at the forefront of blockchain adoption, with Ghana and Nigeria among the most prominent emerging markets,” said Paolo Ardoino, CEO of Tether.

USDT, a dollar-pegged stablecoin, plays a significant role in financial inclusion by enabling seamless cross-border payments and providing stability in regions with volatile currencies. With Africa emerging as a key player in the global crypto economy, this collaboration aligns with the region’s growing demand for digital financial education. Tether and Quidax aim to create a more inclusive and accessible financial ecosystem by fostering financial literacy and expanding access to blockchain education.

Key Details Information
Partnership Announcement March 24, 2025
Target Audience 15,000+ individuals and businesses
Focus Regions Nigeria and Ghana
Key Initiatives Financial literacy campaigns, workshops, community engagement

Quidax, founded in 2018, is an African cryptocurrency exchange that operates in over 70 countries. It provides services such as OTC trading and a dedicated crypto API for fintech companies. Tether, on the other hand, is a pioneer in stablecoin technology, aiming to revolutionize the global financial landscape by bridging traditional financial systems with decentralized finance.

Summary:

  • Quidax and Tether are collaborating to enhance blockchain education in Africa.
  • The initiative targets over 15,000 individuals and businesses in Nigeria and Ghana.
  • Key efforts include financial literacy campaigns, workshops, and community programs.
  • USDT stablecoin is highlighted as a tool for financial inclusion and stability.

Source: Cointelegraph

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