Tether Partners with Shiga to Launch Financial Products in Africa and Gulf

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by Jacob Williams

an hour ago

Made with AI


Tether is taking a significant step in expanding its presence in Africa and the Gulf by transitioning its Wallet Development Kit into user-focused financial products. This move comes as part of a strategic collaboration with Shiga, announced on September 28, 2025, aimed at enhancing self-custodial services for digital assets. According to the assessment of specialists presented in the publication, this initiative is expected to significantly improve access to digital currencies in these regions.

Introduction of ENTA and Pulse

The partnership between Tether and Shiga is set to introduce two key products: ENTA and Pulse. ENTA is tailored for individuals and businesses, allowing them to fund self-custodial wallets using local currencies, US dollars, or Bitcoin. On the other hand, Pulse is designed for institutions, enabling banks and fintech companies to develop their own digital asset services, thereby broadening access to cryptocurrencies.

Self-Custody Feature and Remittance Market

A crucial aspect of this initiative is the self-custody feature, which empowers users to maintain control over their private keys and assets. This is particularly important in the remittance market in Africa, where the cost of sending money to Sub-Saharan Africa averaged 8.46% in 2025. By integrating Bitcoin and Tether Gold into their offerings, Tether and Shiga are providing users with a diverse range of digital asset options.

Tether's Strategic Investment

Tether's strategic investment in Shiga earlier in 2025 underscores its commitment to expanding its Wallet Development Kit as a foundational infrastructure for local companies and financial institutions, aiming to enhance financial inclusion and accessibility in the region.

Tether has recently addressed concerns regarding its exposure to EQIBank, which has been under scrutiny by US authorities. This clarification follows Tether's strategic expansion efforts in Africa and the Gulf, highlighting the importance of maintaining stakeholder confidence. For more details, see read more.

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