Tether Signs Partnership With the UN Office on Drugs and Crime

Doohyun Hwang

Summary

Tether said it has entered into a partnership with the UN Office on Drugs and Crime to help eradicate virtual-asset crime in Africa.
It said the collaboration supports UNODC’s Africa Strategy Vision 2030 and focuses on reducing vulnerabilities to cybercrime using blockchain technology.
Tether’s CEO said the company will combine innovation and education to support local communities and provide safe opportunities for marginalized people.

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Tether is joining forces with the United Nations (UN) to combat virtual-asset (cryptocurrency) crime in Africa and provide relief for victims. The initiative aims to prevent crime by leveraging blockchain technology and to foster a safer financial ecosystem through education.

On the 9th (local time), Tether announced the launch of a joint initiative with the UN Office on Drugs and Crime (UNODC). The collaboration is intended to support UNODC’s “Africa Strategy Vision 2030,” focusing on reducing vulnerabilities to cybercrime and assisting victims of human trafficking.

Paolo Ardoino, Tether’s chief executive officer (CEO), said, “Cross-sector collaboration is essential to support victims of human trafficking and prevent exploitation,” adding, “By combining innovation and education, we will empower local communities and provide safe opportunities for the most marginalized.”

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