Tether Partners with Xion to Empower South Africa with Blockchain and Crypto Payments

IconCryptoNewsTerminal Staff05 Aug, 2024

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Tether Partners with Xion to Empower South Africa with Blockchain and Crypto Payments

Tether, the leading stablecoin issuer, has announced a strategic partnership with Xion Global, a prominent Web3 crypto payment infrastructure provider. Together, the two companies aim to spearhead blockchain education and drive the adoption of crypto payments in South Africa. This partnership will leverage Xion Global's advanced payment solutions to bolster South Africa's digital transaction infrastructure. By integrating with South Africa's largest QR ecosystem, the "Scan to Pay" app, Tether and Xion will provide citizens with innovative financial services powered by blockchain technology. Furthermore, Xion Global's Web3 payment API will enable users to seamlessly utilize crypto payments, including USDT, as effortlessly as fiat currency transactions. This move will empower South Africans with greater financial freedom and access to the growing digital economy.