Tether and the UN join forces to enhance cryptocurrency security in Africa
Tether has partnered with the United Nations Office on Drugs and Crime (UNODC) to launch a joint initiative aimed at protecting cryptocurrency users in Africa from rising crypto scams. The effort focuses particularly on Nigeria, where there has been a rapid increase in the use of Tether's stablecoin USDT due to its convenience and stability.
Source Сryptonew
The project employs blockchain technology to combat cybercrime and provide support to victims of crypto fraud. The partnership between Tether and UNODC aims to strengthen oversight and security in the region amid growing risks associated with cryptocurrency scams.
This initiative could be an important step toward creating a safer crypto environment in Africa, fostering user trust and promoting the development of the continent’s digital economy.
