Tether Invests in Katoni Pay to Elevate Digital Asset Infrastructure and Cross-Border Payments in Africa

Tether, the world’s largest issuer of USD-pegged stablecoins, has disclosed a record-breaking investment in Katoni Pay, an on-ramp/off-ramp infrastructure that connects Web3 users to local payment channels specifically across Africa. The primary objective behind this investment is to revolutionize users ‘ access to digital assets and minimize the hindrance to global financial contributions.

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Katoni Pay has earned a famous name in the African financial technology landscape for providing valuable solutions in growing a network, along with the increasing demand of the local market. By collaborating with Tether’s broader mission to expand the use of blockchain technology, in the form of cross-border payment and digital assets management, they are going to empower the marginalized communities to take part in the global economy.

Furthermore, Katoni Pay enables enterprises to lead international operations effectively, facilitating businesses and individuals with practical solutions to transact easily and providing easy access to global liquidity.   

Investment Aims to Overcome Liquidity and Transaction Barriers

This investment helps to solve many problems of businesses and individuals in terms of transaction fees, liquidity, and delayed settlement times.  In short, this investment has been made to transform digital assets smoothly, particularly for the people of Africa. It is also useful for new emerging corporates in the digital world.

Recently, businesses and individuals have been excluded from the international financial system. After this crucial step, both businesses and individuals will be able to gain direct access to the global economy, which is aided by blockchain-powered solutions that provide stability, security, and efficiency. According to the Chainalysis regional report, Sub-Saharan Africa still retains its position as the smallest crypto economy.

At the same time, Africa is noticing a massive move in how people access, use, and trust financial tools, with cryptocurrency becoming increasingly central to this variation. In between July 2024 and June 2025, Sub-Saharan Africa’s on-chain crypto transactions exceeded US$205 billion, marking a 52% year-on-year increase.

Tether and Katoni Pay Unite to Drive Blockchain-Based Financial Inclusion

Paolo Ardoino, CEO of Tether, said, “Katoni Pay’s vision and strong regional presence make ot the right fit to drive our shared goals in Africa and beyond. Together, we aim to empower enterprises and individuals to access digital assets for their global operations, reduce friction in cross-border transactions, and build a more inclusive financial future while promoting the informed use of digital assets.”

Tether and Katoni Pay both partners are committed to elevating the financial future of Africa by scaling access to blockchain-based tools that drive efficiency, transparency, and inclusion. In addition, they are making history by shaping the economy of Africa into a more resilient and inclusive digital economy.