Amidst speculations of the possible Tether exile from the US, the company’s CEO hints at a high-scale project in Africa. Paolo Ardonio, the CEO of Tether, recently shared his plan to address the electricity crisis in Africa. With millions of Africans lacking access to electricity, Ardonio proposed a network of kiosks equipped with high-performance batteries and eco-friendly solar panels. These kiosks would offer a monthly subscription service for recharging batteries, payable in local currency, Bitcoin, or USDT.

The ambitious project aims to provide electricity to local communities, with plans to deploy the network in two phases. The first phase will see the construction of ten thousand charger locations, with the goal of expanding to k locations in the second phase. In addition to providing power, the kiosks will offer educational materials and courses on Bitcoin and saving in Tether.

While Ardonio’s announcement received a mix of reactions, with some expressing skepticism and others showing support, there were concerns raised about the feasibility and sustainability of the project. Some questioned Tether’s role in such an initiative, suggesting that a decentralized framework involving independent local operators would be more aligned with the ethos of community-owned networks.

Despite these concerns, Ardonio remains optimistic about the project’s success, noting that several hundred locations are already operational. Addressing worries about payment for the subscription service and potential misuse of the kiosks, Ardonio assured that measures are in place to ensure the project’s viability.

As Tether continues to expand its presence in Africa, the success of this project could have far-reaching implications for the region’s energy access and economic development. With a focus on providing sustainable solutions to pressing challenges, Tether’s initiative in Africa could pave the way for innovative approaches to addressing social and economic issues on the continent.