Tether has signed a new Memorandum of Understanding with the Zanzibar e-Government Authority (eGAZ) to support digital asset adoption and financial literacy in East Africa. The partnership focuses on educational initiatives and the implementation of blockchain technologies.
Blockchain Education
An important part of the agreement is education. Tether will work with eGAZ and local academic institutions to organize workshops and events on blockchain, Bitcoin, stablecoins, and peer-to-peer technologies. According to Tether CEO Paolo Ardoino, the goal is to shift interest in blockchain from 'casual curiosity' to 'structured growth.'
> 'This MoU with the Zanzibar e-Government Authority reflects our commitment to financial literacy and sustainable blockchain innovation in Africa,' Ardoino said.
Integration of Stablecoins into Payment Systems
Another part of the Tether Zanzibar partnership is the potential integration of Tether's stablecoins into Zanmalipo, Zanzibar's official government payment platform. Under the agreement, Tether will assess how USD₮ (its dollar-pegged token) and XAU₮ (its gold-backed token) can improve payment accessibility and financial inclusion across the region.
Legal Development and Local Entrepreneurship
According to Seif Said, Director General of eGAZ, the partnership will also support institutional and legal development. He called the MoU a remarkable moment that aligns Zanzibar with the global movement towards digital asset adoption. The MoU sets out a framework for legal and regulatory development, including reforms that will support innovation while being compliant with international standards.
The Tether Zanzibar partnership represents a practical approach to introducing blockchain and stablecoins to emerging economies. This collaboration demonstrates how Tether is working with governments to build real infrastructure, education, legal frameworks, and financial systems that support inclusion and responsible digital growth.
