Tether brings financial inclusion to Zanzibar Via Blockchain

By Anny Sam - Crypto News Writer
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
Tether
Cover illustration/art via BTCRead. Image combines content, which may include AI-generated ideas.

Tether has signed a Memorandum of Understanding with the Zanzibar eGovernment Authority. This step builds a formal partnership to boost digital asset education and blockchain use in the region. The deal took place on 1 July 2025. It shows Tether’s growing interest in Africa’s digital future.

Tether and eGAZ are working together to promote financial inclusion and digital literacy. Their goal is to create training programs that focus on learning about blockchain technology, bitcoin, stablecoins, and peer-to-peer equipment. These efforts help people and small businesses understand and use digital assets in their daily lives.

Tether supports local finance

Zanzibar has shown initial interest in crypto through small peer-to-peer transactions. Now, with government support, the region is ready to take a step towards more organized development. The launch of the blockchain earlier this year signals a clear intention to support innovation.

This Memorandum of Understanding emphasizes the transition from trial to action. With the support of Tether, Zanzibar can focus on effective expansion in Blockchain. In this changing place, cooperation can also promote changes in local policy and regulations to support.

By joining hands with Tether, Zanzibar enters the global digital economy. The agreement provides an opportunity to establish knowledge, improve services, and open new financial avenues for citizens. It can also contribute to the formation of the next chapter for integrative growth in East Africa.

Tether backs Zanzibar’s move into Blockchain

Zanzibar already has an early interest in cryptocurrency through small peer-to-peer transactions. Now, with the support of the government, this area is ready to proceed towards more organized development. The launch of Blockchain Sandbox earlier this year expresses a clear desire to support innovation.

This Memorandum of Understanding shows movement reflecting experimentation. With the support of Tether, Zanzibar can focus on an effective increase of blockchain technology. Cooperation may also contribute to local policy and regulatory changes to support this breathing area.

Joining forces with Tether provides Zanzibar with a step in the global digital economy. The agreement offers the opportunity to create knowledge, improve services, and open new financial opportunities for citizens. It can also help shape the next episode of the inclusive growth phase in East Africa.

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Crypto News Writer
Anny Sam is a professional crypto journalist with over four years of experience, specializing in blockchain development and cryptographic technologies. She has worked as a news reporter on multiple publications, served as a news editor intern at a local magazine, and has been a writer at BTCRead since February 2025. Anny holds a BSc in Mathematics. You can reach out to Anny at anny.sam@btcread.com.
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