Tether, the largest issuer of dollar-pegged stablecoins, signed a memorandum with the Republic of Guinea on February 17th. The aim of this agreement is to accelerate digital transformation and economic growth in Guinea through blockchain technology. This strategic partnership will focus on education, innovation, and sustainable technology practices, facilitating the transfer of international knowledge to Guinea. It will also support Guinea’s ‘Innovation City’ project. Paolo Ardoino, CEO of Tether, expressed satisfaction with collaborating with Guinea to unlock blockchain potential across Africa. Guinean authorities consider this memorandum a significant step towards technology governance and becoming a leader in innovation. This initiative aims to develop local talents in digital technologies and create a conducive environment for innovation aligned with Guinea’s broader goals in promoting economic growth and advancing innovation.
