In two x posts published on March 2 and 3 respectively, Tather CEO Paolo Ardonio shared their plan to solve electric hunger in Africa. What is his plan, and why does Africa have a special meaning for Tether?
Ardonio announcement
On March 2, 2025, Ardonio faced X to tell the X about its vision about dealing with the power crisis in Africa. He said that 600 million Africans do not have access to electricity and shared their vision about a possible solution.
Ardonio suggested that “the plan is going on.” He believes that a network of kiosks with high -performing batteries and environmentally friendly solar panels can be a measure attached to the top. People will need to buy monthly membership to recharge the battery using these kiosks. They will be able to pay for it in local currency, bitcoin or USDT. Kiosk will provide electricity for the local community.
The network is being deployed in at least two phases, with ten thousand charger locations built in the first phase. In the second phase, the number of places will be brought up to 100k.
At the top of providing residents with electric power, the kiosk will offer high quality educational materials and courses on bitcoin and save in tether. More than this, Ardonio mentions “the largest distribution network for any goods and services”.
On March 3, the CEO of Tether said the plan described “is not” [sic!] Fantasy, “and” a few hundred kiosks are up and moving. “In the comment section, Ardonio stated that after the production of tether power, it will work on the infrastructure.
Reactions
The declaration was completed with a complete spectrum of reactions – from doubt to complete approval. For example, Blockstam CEO Adam Back Express The desire to transmit your company’s educational material about bitcoins using these kiosks. Several commentators underlined the potential problems of the enterprise or questioned the role of Tithi in such an initiative.
One of the commentators, Mutsco reported that the sense of decentralization aligns with a framework where the encouragement would have motivated various independent actors to create such a kiosk, not the company that the company built the entire network. He said that the Tithi Foundation might come with a framework. “It balances autonomy with centralized support that align with the ethos of building a community -owned network,” Mutsco said.
Another commentator, who goes by Monikr Crouquing Tiger Hidden Whale, questioned whether residents would be able to pay for membership. More than that, Crowching Tiger expressed concern over the safety of the tather’s enterprise, stating that the locals could potentially “kidnap” that to use battery recommendations without payment to the kiosk. For these concerns, Ardonio said that several hundred places are already working and “so far.”
Representative of telecom companies showed in the commentary section to praise the initiative and promote their services, which reflects the importance of connectivity. One of them Said In 2019, he and his partners installed two aircrafts in a small distant fishing village in Tanzania, and this step proved to be very effective because now the village is three times in size, and people feel safe and have more opportunities to sell fish.
Tether in Africa and America
It is worth saying that Tether has always been vocal about its role in Africa and other regions where people lack banking and equipment to save money in stable currencies. The company’s website directly indicates Africa, South and Central America as regions where Tether “empowers millions,” protects families “from spilling devaluation of their local currencies”.
The use of USDT has increased considerably in Africa since 2022. Bloomberg Citing The head of the Tedhar of Economics, Philipp Gradewell, who says that in Africa, the main use of Tether is in saving value and sending money abroad.
https://crypto.news/chainalysis- stablecoins- (40- of-s-off- crypto-economy- in- sub- SUB-Saharan-Africa
To facilitate financial opportunities in developing countries, there is a mission to increase the impact of US dollars in these areas. Tedhar is one of the world’s largest buyers of the US Treasury Bill, so the company also emphasizes its role in contributing to the elimination of American debt and galvanizing the American economy.
The latter becomes particularly relevant today when the company is facing an increased investigation in the US, while the new Crypto-friendly SEC continues to leave the case of a gainsler-era continuously by another, Tather finds more warm place before 2025. The aim of the new Genius Act demands more transparency than the stand, which is never more than a company, which never tells a company. Some specialist faith He will not be able to follow the Tether rules and leave the US market.
Considering approved by American Treasury Tithar as its Provides services For approved nations like Russia and Iran and terrorist organization Hamas. Another concern is Tithi’s participation in the funding of North Korean Newcomes program. In October 2024, WSJ Informed Federal prosecutors are investigating sanctions and possible violations of money-laundering laws. The United Nations report of January 2024 suggests that Tether is one of the favorite cryptocurrency for crime and money laundering. Report Name Between September 2022 and September 2023, the amount of USDT spent on illegal activities is $ 17.07 billion, which is not a very large part of the Tether overall volume, but is a good excuse to intensify the investigation and possible prosecution.
In front of a potential withdrawal from the US, to increase its impact in other areas and focus from USD-Paiged Stabecin to bitcoin can prove to be an effective recovery scheme for tethra.
