Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Murano Announces Enhancements to its Core Strategy with Bitcoin (BTC) Treasury Initiative Following Execution of Up to $500 Million Standby Equity Purchase Agreement (SEPA)

July 7, 2025

Ethereum Continues Outperforming Institutional Capital Flows As Investors Pour $1,040,000,000 Into Crypto Products: CoinShares

July 7, 2025

Crypto Price Prediction 2025: BTC, ETH, BNB, ADA, LINK, AVAX, ARB, DOT, SOL

July 7, 2025

Which crypto will explode in 2025?

July 7, 2025

$108k CME gap may trigger short-term pullback

July 7, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Bitcoin’s Liquidity Lifeline Just Got Cut—What You Need To Know

    July 7, 2025

    Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

    July 7, 2025

    Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

    July 7, 2025

    Traders Bet Against Bitcoin Rally as Funding Rates Slide on Binance

    July 7, 2025

    XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

    July 7, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Technology » Tether and Zanzibar eGovernment Authority (eGAZ) Sign MoU to Advance Digital Asset Education and Blockchain Adoption
Technology

Tether and Zanzibar eGovernment Authority (eGAZ) Sign MoU to Advance Digital Asset Education and Blockchain Adoption

Crypto Observer StaffBy Crypto Observer StaffJuly 1, 2025No Comments3 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

1 July 2025 — Tether,the largest company in the digital asset industry, has signed a Memorandum of Understanding (MoU) with the Zanzibar e-Government Authority (eGaz), marking a strategic collaboration to advance digital asset education and financial innovation across developing regions.

This MoU aligns with Tether’s vision to strengthen Africa’s digital economy through education, regulatory clarity, and the development of an innovative ecosystem. Together, Tether and eGAZ aim to lay the foundation for financial inclusion, local capacity building, and the promotion of digital asset literacy alongside sustainable technological progress that meets international best practices.

The initiative aims to emphasize real-world use cases of digital assets and to empower individuals and businesses. Tether will also evaluate supporting the integration of USD₮ and XAU₮ into Zanmalipo, the local government payment gateway, enhancing accessibility and utility within the regional financial ecosystem.

As part of Tether’s mission to be at the forefront of the digital asset educational revolution, Tether may collaborate with eGAZ to organize educational workshops for stakeholders across Zanzibar, focusing on Blockchain, Bitcoin, stablecoins, and peer-to-peer technologies.

This MOU also envisions collaboration with local academic institutions and research centers to integrate blockchain technology into educational frameworks. Tether and eGAZ may jointly promote public and private sector events to raise awareness, facilitate knowledge sharing, and foster entrepreneurship within the blockchain ecosystem.

This collaboration could significantly contribute to Zanzibar’s financial economy. By enhancing digital infrastructure and providing access to borderless, stable financial instruments, this initiative could introduce alternatives for savings, facilitate cross-border transactions, and support business growth. These effort also aligns with Zanzibar’s broader goals of promoting inclusive financial systems and reducing dependency on traditional banking models. Integrating digital assets like USD₮ and XAU₮ into the local wallet could modernize financial access and unlock new opportunities for individuals and businesses.

Zanzibar’s crypto market, while still in its early stage, has shown increasing traction through informal peer-to-peer transactions and localized experimentation with digital finance. The government’s recent launch of a blockchain sandbox program underscores its commitment to fostering entrepreneurship, innovation, and regional collaboration in emerging technologies.

“This MOU with the Zanzibar eGovernment Authority reflects our commitment to advancing financial literacy and sustainable blockchain innovation in Africa,” said Paolo Ardoino, CEO of Tether. “It marks a turning point, shifting the ecosystem from informal curiosity to structured growth. By combining clarity with educational investment and digital asset integration, we will be laying the foundation for a compliant, scalable, and inclusive digital economy. By working together, we hope to create a digital economy that leverages the power of blockchain to improve lives and support economic development across Zanzibar.”

By executing this MoU, today marks a significant milestone in history as Zanzibar joins the rest of the world in harnessing the opportunities presented through the inclusion of digital assets. This MOU with Tether provides us access to the future as we could leverage on Tether’s support in enabling public participation, digital assets education, and catalysing legal and institutional reforms towards inclusion,” said Mr. Said Seif Said, Director General, eGAZ.

As Tether continues to collaborate with governments and institutions worldwide, this Memorandum of Understanding (MoU) with Zanzibar represents another significant step in promoting digital asset education, responsible blockchain integration, and inclusive economic growth.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cartesi’s PRT Honeypot Becomes Stage 2 Rollup App Following L2BEAT Recategorization

July 7, 2025

ChatGPT is testing a mysterious new feature called ‘study together’

July 7, 2025

Crypto.com Custody Brings Institutional Power to TON Blockchain

July 7, 2025

CoreWeave acquires data center provider Core Scientific in $9B stock deal

July 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Murano Announces Enhancements to its Core Strategy with Bitcoin (BTC) Treasury Initiative Following Execution of Up to $500 Million Standby Equity Purchase Agreement (SEPA)

July 7, 2025

Ethereum Continues Outperforming Institutional Capital Flows As Investors Pour $1,040,000,000 Into Crypto Products: CoinShares

July 7, 2025

Crypto Price Prediction 2025: BTC, ETH, BNB, ADA, LINK, AVAX, ARB, DOT, SOL

July 7, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

July 7, 2025

Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

July 7, 2025

Traders Bet Against Bitcoin Rally as Funding Rates Slide on Binance

July 7, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.