Tether Partners with Guinean Government to Drive Blockchain Adoption

Tether, the company behind the world’s largest US dollar-pegged stablecoin, has signed a memorandum of understanding (MoU) with the government of the Republic of Guinea to expand access to blockchain and peer-to-peer technologies.

The partnership, announced on February 17, aims to drive economic growth and digital transformation in the country. According to Tether, the MoU will focus on education, innovation, and sustainable technology. The company plans to leverage its expertise and resources to promote blockchain adoption and innovation in Guinea.

The partnership may also extend to the City of Science and Innovation of Guinea, highlighting the country’s commitment to embracing emerging technologies. This collaboration reflects Tether’s commitment to helping countries build resilient digital economies.

This MoU reflects our commitment to helping countries build resilient digital economies. Together, 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.

Tether’s CEO, Paolo Ardoino, emphasized the importance of this partnership in driving technological innovation and economic growth in Guinea.

Tether’s Global Partnerships

Tether has inked multiple deals with different governments around the world, including partnerships with the City of Lugano in Switzerland, as well as initiatives in Turkey, Uzbekistan, and Georgia. The company has also launched educational programs in countries such as Ivory Coast, Indonesia, and Vietnam, aiming to foster broader blockchain adoption.

Some of Tether’s notable partnerships and initiatives include:

  • Relocation of its global headquarters to El Salvador, the first sovereign nation to adopt Bitcoin as legal tender.
  • Partnership with the City of Lugano in Switzerland to promote blockchain adoption and innovation.
  • Initiatives in Turkey, Uzbekistan, and Georgia to drive economic growth and digital transformation.
  • Educational programs in countries such as Ivory Coast, Indonesia, and Vietnam to foster broader blockchain adoption.

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