Tether partners with HoneyCoin to expand the adoption of stablecoins in Africa.
TL;DR
Tether partners with HoneyCoin to boost stablecoin adoption in Africa by launching a cashless POS platform supporting USDT payments, aiming to reduce cross-border payment costs and inefficiencies.
Tags
According to ChainCatcher, Tether has announced a strategic partnership with HoneyCoin, one of Africa's fastest-growing fintech platforms, aimed at accelerating the adoption of digital assets in Africa.
HoneyCoin offers innovative solutions that support low-cost value storage, transfers, and exchanges globally. By combining blockchain technology with traditional financial infrastructure, the company is addressing long-standing issues in cross-border payments, such as high costs, delays, and inefficiencies.
As part of the partnership, HoneyCoin will launch a cashless POS platform that supports USDT payments, enabling merchants to accept stablecoin payments directly at checkout. This initiative will expand payment options for consumers while helping merchants increase sales and improve customer experience.
In addition, HoneyCoin will integrate USDT into its expanding ecosystem, enabling merchants to complete online and offline payments at lower costs across Africa and globally, thereby promoting trade and payment activities.