Tether has partnered with fintech company Shiga to launch self-custody financial products for users and institutions in Africa and the Gulf Cooperation Council, according to an official announcement cited by ChainCatcher. The collaboration will use Tether’s open-source Wallet Development Kit, or WDK, as the technical base for the rollout.
The two companies plan to introduce two flagship offerings. The first is ENTA, a self-custody wallet for individuals and businesses that supports funding with fiat currency or Bitcoin and allows users to hold and transfer Tether (USDT), Bitcoin, and Tether Gold (XAUT). The second is Pulse, an infrastructure product for banks and financial institutions designed to help them tailor digital asset services to specific payment rails and settlement workflows while keeping key control through private deployments.
Shiga is also in the final approval stage for a Nigerian digital asset intermediary license. Once approved, the company plans to operate compliant digital asset trading, brokerage, and custody services in the country.
Tether has entered a partnership with fintech company Shiga to launch self-custody financial products for individuals and institutions in Africa and the Gulf Cooperation Council, or GCC, according to an official announcement cited by ChainCatcher.
Two products are part of the rollout
The partnership will use Tether’s open-source Wallet Development Kit, known as WDK.
The first product, ENTA, is a self-custody wallet for individuals and businesses. It supports top-ups with fiat currency or Bitcoin and allows users to hold and transfer Tether (USDT), Bitcoin, and Tether Gold (XAUT).
The second product, Pulse, is aimed at banks and financial institutions. It is designed as infrastructure to help institutions customize digital asset services around specific payment channels and settlement processes. It also supports deployment in private environments so institutions can retain control of their keys.
Shiga is awaiting final approval in Nigeria
Shiga is also completing the final approval process for a Nigerian digital asset intermediary license. Once approved, it plans to conduct compliant digital asset trading, brokerage, and custody business in the country.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
