Global stablecoin issuer Tether has announced a strategic investment in Kotani pay, a Kenyan-based blockchain startup, in a move aimed at transforming Africa’s digital asset infrastructure and cross-boarder payment system. The partnership underscores growing international confidence in Africa’s fintech innovation and highlights Tether’s broader mission to advance financial inclusion through blockchain technology.
Founded in 2020, Kotani Pay provides blockchain-based payment solutions that enable seamless money transfers between digital wallets and traditional financial systems. Its technology bridges the gap between crypto and fiat currencies, allowing users to send and receive funds across borders without relying on conventional banking infrastructure. The platform has been instrumental in supporting remittances, humanitarian aid distribution, and business payments across countries such as Kenya, Ghana, Nigeria, and South Africa.
Tether’s investment is expected to help Kotani Pay scale its operations, enhance on-ramp and off-ramp services for stablecoins like USTD, and expand access to decentralized financial tools across the continent. By integrating blockchain infrastructure with mobile money and local payment networks, the partnership aims to reduce transaction costs, improve transparency, and enable faster settlements for individuals and businesses.
According to Tether’s management, the collaboration reflects a commitment to driving real-world utility in emerging markets. Africa, home to one of the world’s fastest-growing populations of crypto users, represents a key frontier for digital currency adoption, with millions seeking affordable and efficient alternatives to traditional finance.
Kotani Pay’s co-founder hailed the investment as a “milestone moment” for Africa’s digital economy, noting that it will accelerate the continent’s transition toward blockchain-powered financial systems.
The partnership between Tether and Kotani Pay marks a pivotal step in shaping Africa’s fintech future — one where digital assets and stablecoins power inclusive, borderless, and efficient economic growth.
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