Tether, the world’s leading digital asset company, has announced a strategic investment in Kotani Pay, a Crypto Asset Service Provider (CASP) that bridges Web3 users to local payment systems across Africa.
The collaboration seeks to accelerate financial inclusion by making access to digital assets simpler, faster, and more secure for individuals and businesses on the continent.
Kotani Pay has rapidly become a key player in Africa’s fintech landscape, offering reliable on-ramp and off-ramp infrastructure that connects digital assets to local payment ecosystems. Through this partnership, Tether aims to extend blockchain’s impact beyond speculation — focusing on cross-border payments, liquidity access, and financial empowerment.
By leveraging blockchain technology, Kotani Pay provides enterprises and individuals with practical tools to manage international transactions efficiently. The investment will help reduce high transaction fees, long settlement periods, and barriers that have historically excluded African SMEs and entrepreneurs from global financial systems.
“At Tether, we believe that blockchain technology plays a critical role in unlocking financial freedom,” said Paolo Ardoino, CEO of Tether. “Kotani Pay’s vision and strong regional presence make it the right fit to drive our shared goals in Africa. Together, we aim to reduce friction in cross-border transactions and build a more inclusive financial future.”
According to the Chainalysis Regional Report, Sub-Saharan Africa recorded on-chain crypto transactions worth over US$205 billion between July 2024 and June 2025 — a 52% year-on-year increase, primarily driven by remittances and retail use. Markets such as Nigeria, Kenya, South Africa, and Ethiopia are leading this digital finance transformation.
In regions facing inflation, currency instability, and limited banking infrastructure, blockchain technology offers a reliable alternative for both personal and business transactions.
“This strategic investment from Tether better positions us to continue building bridges between Africa and the global financial system,” said Felix Macharia, CEO and Co-founder of Kotani Pay. “We are proud to be part of the Tether ecosystem and to work toward expanding financial tools that create wealth and opportunity for African communities.”
Tether and Kotani Pay share a vision of financial empowerment, transparency, and innovation. Together, they are developing infrastructure that supports inclusive access to blockchain-based tools — improving efficiency, promoting trust, and strengthening Africa’s position in the global digital economy.
This partnership marks a pivotal step in demonstrating how blockchain technology can enhance everyday financial experiences and business operations, driving Africa toward a resilient, inclusive, and technology-driven future.
