EL7.AI
CryptoMedium•28 September 2026•
1 min read

Tether Partners with Shiga for Self-Custodial Finance in GCC and Africa

Key Facts

1Tether announced a partnership with Shiga to launch self-custodial financial solutions targeting Africa and the GCC regions.
2The partnership will utilize Tether's open-source Wallet Development Kit (WDK) to support digital asset payments and settlement services.

Tether announced a partnership with Shiga to launch self-custodial financial solutions targeting the GCC and Africa regions. Reuters reported that the collaboration will utilize Tether’s open-source Wallet Development Kit (WDK) to support digital asset payments and settlement services, allowing institutions and individuals to manage assets without relying on centralized custodians.

The move aims to facilitate cross-border transactions and treasury management in emerging markets, with Shiga providing tools that support USDT, Bitcoin, and tokenized gold. According to company data, Shiga has processed over $350 million in transaction volumes since its inception and operates under a DIFC Innovation License to maintain regulatory compliance across the Africa-GCC trade corridor.