{"id":45434,"date":"2025-02-18T09:35:17","date_gmt":"2025-02-18T09:35:17","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=45434"},"modified":"2025-02-18T09:35:17","modified_gmt":"2025-02-18T09:35:17","slug":"tether-signs-mou-with-guinea-to-explore-blockchain-and-peer-to-peer-adoption","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=45434","title":{"rendered":"Tether Signs MOU With Guinea To Explore Blockchain And Peer-to-Peer Adoption"},"content":{"rendered":"

Tether, the issuer of the world\u2019s largest stablecoin USDT, has signed a memorandum of understanding (MOU) with the Republic of Guinea to explore blockchain adoption and peer-to-peer technology.<\/span><\/p>\n

The agreement aims to establish a foundation for innovation, helping the West African nation integrate blockchain solutions into its public and private sectors, the company <\/span>announced in a 17 February 2025 blog post<\/span><\/a>.<\/span><\/p>\n

The partnership is focused on education, innovation, and sustainable technology development. Tether plans to share industry expertise to foster blockchain adoption in Guinea, a country looking to modernize its digital infrastructure. <\/span><\/p>\n

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Tether\u2019s Move Follows Similar Blockchain Partnership With Uzbekistan<\/span><\/h2>\n

Tether\u2019s Guinea Agreement follows a similar MOU signed with Uzbekistan in March 2023, where Tether collaborated with the country\u2019s regulators to explore stablecoins, blockchain solutions, and tokenization.<\/span><\/p>\n

A key element of the agreement is developing blockchain education programs to raise awareness and build technical skills among Guinea\u2019s workforce. The initiative will target both public and private sectors, aiming to cultivate local talent in digital technologies.<\/span><\/p>\n

\u201cTogether, we aim to implement efficient blockchain solutions that benefit both public and private sectors, paving the way for economic growth and establishing Guinea as a leader in technological innovation,\u201d said Tether CEO Paolo <\/span>Ardoino<\/span>.<\/span><\/p>\n

Tether Signs MoU with the Republic of Guinea to Accelerate Digital Transformation and Economic Growth Through Blockchain Technology<\/p>\n

Read more:https:\/\/t.co\/BWEOXdViAo<\/a><\/p>\n

\u2014 Tether (@Tether_to) February 17, 2025<\/a><\/p>\n\n

Djiba Diakit\u00e9, chief of staff to Guinea\u2019s interim president Mamady Doumbouya, emphasized the country\u2019s commitment to empowering young people with digital tools, enabling them to compete globally in the technology sector.<\/span><\/p>\n

Tether also expressed interest in supporting Guinea\u2019s \u201cInnovation City\u201d project, which seeks to establish a hub for tech companies and research institutions.<\/span><\/p>\n

The move aligns with Africa\u2019s growing crypto adoption, as a December survey by Consensys found that 84% of Nigerians and 66% of South Africans owned a crypto wallet, compared to just 43% in the U.S.<\/span><\/p>\n

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Tether CEO Hints At Expanding US Presence<\/span><\/h2>\n

Last month, Tether CEO Paolo Ardoino indicated that the company may consider increasing<\/a> its presence in the US. However, he said Tether remains cautious as it monitors the evolving regulatory environment.<\/span><\/p>\n

At the time,\u00a0<\/span>Ardoino<\/span>\u00a0emphasized the importance of clarity before making any significant moves.\u00a0\u201cI cannot exclude Tether moving a bit more toward some US presence, but we are also\u00a0<\/span>doing that in a cautious way<\/span>,\u201d he stated.<\/span><\/p>\n

\u201cFor the moment, we need regulatory clarity and guidance. We need to see what the laws are\u00a0<\/span>looking<\/span>\u00a0like coming from the\u00a0US, and then we will decide.\u201d<\/span><\/p>\n

Tether\u2019s\u00a0flagship stablecoin, USDT, remains the dominant player in the market, boasting a $137 billion market capitalization and a 65% market share, according to CoinGecko.<\/span><\/p>\n

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\n<\/strong><\/p>\n

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Key Takeaways<\/h3>\n

Tether has signed an MOU with Guinea to explore blockchain adoption and peer-to-peer technology.<\/span> <\/p>\n

The agreement includes blockchain education initiatives to develop local talent and support Guinea\u2019s \u201cInnovation City\u201d tech hub.<\/span> <\/p>\n

The move follows Tether\u2019s 2023 partnership with Uzbekistan.<\/span> <\/p><\/div>\n

The post Tether Signs MOU With Guinea To Explore Blockchain And Peer-to-Peer Adoption<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Tether, the issuer of the world\u2019s largest stablecoin USDT, has signed a memorandum of understanding (MOU) with the Republic of Guinea to explore blockchain adoption and peer-to-peer technology. The agreement aims to establish a foundation for innovation, helping the West African nation integrate blockchain solutions into its public and private sectors, the company announced in […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-45434","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/45434"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45434"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/45434\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}