Jambo, a Web3 mobile infrastructure startup behind the JamboPhone, has officially expanded to Solana to empower the unbanked across emerging markets.
The startup has partnered with stablecoin issuer Tether to accelerate this goal, according to an announcement on Tuesday.
As part of their collaboration, Jambo, Solana and Tether will work together to offer access to several solutions designed to empower JamboPhone users. These include cryptocurrency and stablecoin payment rails, alternative banking and earning opportunities for people Africa, Southeast Asia and Latin America.
“Bringing Jambo to Solana and Tether allows us to provide a comprehensive solution that addresses the unique needs of these regions,” Jambo co-founder James Zhang said.
USDT rewards
This partnership will allow Jambo to integrate USDT-SPL token, with the stablecoin as the platform’s primary reward mechanism. Users who engage in Jambo initiatives via the…
