Code & Chain · Signal Desk

Tether partners with Shiga to expand financial services in Africa and GCC via self-custody wallets

Original sourceCrypto Briefing

Summary

Tether invested in Shiga Digital to expand self-custody crypto services in Africa and the GCC using Tether's open-source Wallet Development Kit (WDK). Shiga's Enta wallet uses a self-custody design with passkey and biometric authentication and supports USDT, Bitcoin, and tokenized gold, aiming to p…

Key points

  • It enters emerging-market cross-border payments through an open-source wallet toolkit, and developers can reference its architecture combining self-custody with compliance.
  • The self-custody plus regional licensing model offers a replicable template for stablecoin adoption in cross-border payments and emerging markets.
  • Payment firms operating in Africa and the GCC can evaluate adopting WDK to shorten development cycles for self-custody wallets and cross-border remittances.

Editorial note

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