Tether and UN Join Forces to Secure Africa’s Digital Economy

CryptoFrontNews
  • Tether teamed up with the UNODC to improve cybersecurity awareness and safe crypto use across African countries.

  • The partnership targets youth and vulnerable groups through education, mentorship, and programs to reduce crypto fraud risks.

  • Initiatives span Africa and Papua New Guinea, aligning with the UN’s Africa 2030 vision for secure digital finance.

Tether announced a partnership with the United Nations Office on Drugs and Crime (UNODC) to strengthen cybersecurity across Africa. The initiative aims to educate the public on safe digital asset use. The collaboration addresses rising crypto-related fraud in Africa, where recent Interpol operations uncovered $260 million in illicit digital and fiat currency.

Key Figures and Strategic Vision

Paolo Ardoino, Tether CEO, highlighted the partnership’s focus on education and innovation. Sylvie Bertrand, UNODC Regional Representative for West and Central Africa, emphasized Africa’s potential for secure digital financial growth. Tether and UNODC aim to advance the UN’s Strategic Vision for Africa 2030, promoting digital safety and economic inclusion.

The program notably targets youth and vulnerable populations. Initiatives include mentorship, micro-grants, and bootcamps to foster digital literacy. Participants will learn how to develop projects while minimizing exposure to cybercrime and online exploitation.

Regional Initiatives Across Africa

The Senegal Project focuses on youth cybersecurity education through multi-phase programs. Sessions include contributions from the Plan B Foundation, a collaboration between Tether and the City of Lugano. Participants receive coaching and support to further develop ideas safely in the digital economy.

The Africa Project funds civil society organizations supporting human trafficking victims in Senegal, Nigeria, DRC, Malawi, Ethiopia, and Uganda. This initiative aims to protect affected individuals while promoting awareness of online financial risks.

Global Engagement and Papua New Guinea Outreach

The Papua New Guinea Project extends the program beyond Africa. Tether collaborates with local universities to teach financial inclusion and prevent digital asset fraud. A student competition encourages innovative blockchain solutions for crime prevention and economic access.

According to Ardoino, the partnership strengthens communities by combining technology and education to reduce exploitation risks. Bertrand noted the tripartite collaboration between the UN, private sector, and local authorities advances Senegal’s Digital New Deal, fostering secure, transparent, and inclusive digital ecosystems.

Through these coordinated efforts, Tether and UNODC aim to protect digital assets, support victims, and build safer financial systems across multiple continents.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Tether Backs Axiym to Expand USDT in Global Payments

_Tether invests in Axiym to expand USDT across global payment systems, aiming to streamline cross-border settlement._ Tether has made a strategic investment in Axiym, a fintech company building distributed treasury and settlement infrastructure.  The move aims to bring USDT directly into

LiveBTCNews4h ago

Tether Investment Axiym Expands Payment Infrastructure: Promoting USDT Integration into Global Compliant Payment Networks

Tether announces strategic investment in fintech company Axiym, aiming to deeply integrate its stablecoin USDT into a compliant global payment network to enhance cross-border payment efficiency. The partnership will streamline payment processes, reduce costs, and support payment activities in 140 countries, driving stablecoins toward mainstream financial systems.

動區BlockTempo5h ago

Tether Backs Eight Sleep in $1.5B Health Tech Deal

Tether Investments invested in Eight Sleep to build AI-powered health intelligence tools using sleep and recovery data insights. Eight Sleep will integrate Tether’s QVAC edge AI architecture to process sleep and health data directly on devices. Tether Investments expands into health tech wi

CryptoFrontNews6h ago

Tether Investment Fund Management and Settlement Infrastructure System

Odaily Planet Daily reports that stablecoin issuer Tether has announced an investment in funds management and settlement infrastructure Axiym. The specific amount has not been disclosed. The goal is to build a globally distributed funds settlement infrastructure within a regulated payment ecosystem, thereby supporting embedded financial services, including postpaid settlement solutions such as (PNSL), as well as native integration of USD cash flow. This will enable the expansion of USD liquidity in a scalable, compliant manner that aligns with the actual operation of cross-border payments.

GateNews7h ago

Tether Leads $50M Investment in Sleep Tech Firm Eight Sleep to Expand AI Health Monitoring and Data-Driven Sleep Products

Tether leads a $50M funding round for Eight Sleep to expand AI driven sleep technology and health data tools. Eight Sleep plans a predictive AI agent trained on over one billion hours of sleep data collected through its Pod system. Tether investment expands beyond crypto as the firm

CryptoNewsLand7h ago

Insider: Neura Robotics plans to raise 1 billion euros, with Tether potentially participating in the investment

German startup Neura Robotics is preparing to raise approximately €1 billion to accelerate the development of AI-powered humanoid robots. The issuer of the stablecoin USDT, Tether, is expected to participate in the investment, and the company's valuation could reach €4 billion after the funding. Neura Robotics was founded in 2019 and is dedicated to cognitive robot development, having secured €120 million in funding. Its clients include Kawasaki Heavy Industries and Omron.

GateNews8h ago
Comment
0/400
No comments