Tether, a leading issuer of digital stablecoins, has entered into a Memorandum of Understanding (MoU) with the Zanzibar eGovernment Authority (eGAZ) to explore collaborative initiatives centered on blockchain education and the use of financial technologies. This agreement aims to assess the role that digital assets and decentralized technologies can play in advancing financial inclusion and digital transformation in Zanzibar.
According to the terms of the MoU, both parties have agreed to work jointly on educational programs that introduce key concepts related to blockchain, cryptocurrencies, and decentralized systems. These initiatives are intended to support skill development, align with global standards, and foster the integration of innovative digital tools into Zanzibar’s socio-economic framework.
As part of the proposed activities, Tether is expected to study the possibility of integrating its stablecoins—USD₮ and XAU₮—into Zanmalipo, the government’s official payment platform. Should such integration be deemed viable, it would potentially widen the range of payment options available to residents and enhance access to secure, blockchain-based financial tools.
The partnership also outlines the potential organization of targeted workshops for stakeholders across both public and private sectors. These sessions would aim to build institutional understanding of digital finance, while universities and research institutions may also be engaged to incorporate blockchain-focused modules into academic curricula.
Beyond education, the MoU allows for the co-hosting of events to share information, encourage policy dialogue, and promote entrepreneurship within Zanzibar’s evolving digital economy. While informal use of Bitcoin and cryptocurrencies is already observed through peer-to-peer networks in the region, institutional involvement in blockchain remains at a formative stage.
Zanzibar’s growing interest in the digital economy is reflected in its recent launch of a blockchain sandbox program. This initiative is part of the government’s broader exploration of how emerging technologies can be regulated and integrated into the local economy to drive modernization and sustainable development.
Tether and Zanzibar eGovernment Authority (eGAZ) Sign MoU to Advance Digital Asset Education and Blockchain Adoption
Learn more: https://t.co/9CRpzSOpTZ— Tether (@Tether_to) July 1, 2025
Tether’s leadership indicated that the agreement demonstrates a commitment to fostering financial literacy and responsible innovation within Africa. The company views the collaboration as a move from informal adoption of digital assets toward a structured, inclusive framework for economic empowerment. Tether also suggested that such partnerships could lay the groundwork for a compliant and scalable digital ecosystem, with long-term benefits across governance, education, and commerce.
Officials from eGAZ described the signing of the MoU as a pivotal step in aligning Zanzibar with global digital trends. They expressed optimism that Tether’s support would help accelerate public awareness, educational outreach, and potentially catalyze legal and institutional reforms aimed at promoting digital inclusion.
While the MoU does not entail any binding financial obligations, it establishes a platform for continued dialogue, feasibility assessments, and potential pilot projects. The collaboration reflects a growing convergence of public sector interest and private sector expertise in harnessing blockchain for socio-economic transformation in emerging regions.
