Two wallet products target remittance corridors and institutional settlement
Tether and fintech company Shiga announced a partnership on September 28 to launch two self-custodial financial products built on Tether’s Wallet Development Kit. The products, named ENTA and Pulse, will support USDT, Bitcoin, and Tether Gold across Africa and the Gulf Cooperation Council.
ENTA is designed for individuals, high-net-worth users, and businesses. Users can fund self-custodial wallets using local currency, U.S. dollars, or Bitcoin, then hold and transfer USDT, Bitcoin, and Tether Gold. Pulse targets institutions including banks and fintech companies, enabling them to build digital-asset services around payment corridors, treasury operations, and settlement flows.
Self-custody means users or institutions retain control of their private keys and assets rather than relying on a centralized wallet provider. Tether’s Wallet Development Kit is open-source infrastructure that other businesses can build on.
Remittance costs drive demand
The partnership addresses friction in cross-border payments. According to the World Bank, the average cost of sending remittances to Sub-Saharan Africa in 2025 was 8.46%. Stablecoins can reduce that friction by moving dollar-denominated value across borders where access to conventional dollar banking is limited.
Tether made a strategic investment in Shiga in 2025 before the September 28 announcement of the collaboration. Shiga is completing the final stage of approval for a Digital Asset Intermediary licence in Nigeria, though the licence has not yet been granted.
The exact launch date for ENTA and Pulse products was not specified in the announcement.
