Tether, the company behind the world’s largest stablecoin, has teamed up with the Republic of Guinea to help the country grow its digital economy using blockchain and peer-to-peer (P2P) technology. This partnership aims to position Guinea as a leader in Africa’s digital revolution.
Tether has signed a Memorandum of Understanding (MoU) with Guinea, focusing on innovation, education, and technology. The goal is to introduce blockchain solutions that can benefit both the private and public sectors.
Meanwhile, these collaboration focuses on three key areas,
Tether will work with Guinea’s City of Science and Innovation (CSIG) to develop educational programs. These programs will train locals in blockchain technology, helping them gain the skills needed to compete in the global digital market.
A big part of the partnership is Tether’s support for Guinea’s “Innovation City” project. This initiative aims to turn Guinea into a hub for technology, research, and entrepreneurship in Africa.
By creating a space where innovation can thrive, the project hopes to attract businesses, create jobs, and boost the country’s economy.
Blockchain technology is more than just cryptocurrencies—it’s a tool for creating transparent, secure, and efficient systems. For Guinea, this partnership could mean faster economic growth, better job opportunities, and a stronger position in the global tech scene.
However, Tether’s CEO, Paolo Ardoino, shared his excitement: “We’re thrilled to help Guinea unlock the potential of blockchain. This partnership is about building a resilient digital economy and empowering people through technology.”
Guinean officials are optimistic about the collaboration. M. Djiba Diakité, Minister and Chief of Staff of the Presidency, called the MoU a “major step forward” in Guinea’s digital transformation.
He added, “This partnership will help us integrate cutting-edge technologies and prepare our youth for the challenges of the digital world.”
China was among the earliest countries to enthusiastically embrace cryptocurrency. The country was one of…
WazirX has received the green light from the Singapore Court to submit further arguments in…
UK-based web development firm, The Smarter Web Company, has strengthened its Bitcoin portfolio by purchasing…
Japanese firm Metaplanet is going all in on Bitcoin, allocating $5 billion to its U.S.…
Texas just made history by becoming the first U.S. state to create a publicly funded…
The meme coin market is known for volatility, and it’s also known for making legends…