ChainCatcher reported that Tether announced a strategic investment of $1.5 million in Sorted Wallet, an investment aimed at enhancing financial inclusion in Africa and South Asia.

Sorted Wallet provides secure and convenient cryptocurrency transactions, providing funds to individuals without bank accounts and underbanked individuals in developing regions. Designed for feature phones and low-power smartphones, the platform aims to meet the needs of users who cannot use advanced technology, provide non-custodial wallets, and promote economic empowerment and financial inclusion.