According to TechFlow, on September 19, according to official news, Tether announced a strategic investment of US$1.5 million in Sorted Wallet, aiming to enhance financial inclusion in Africa and South Asia. Sorted Wallet is designed for feature phones and low-end smartphones, providing non-custodial wallet services to help individuals without bank accounts and underbanked individuals in developing regions trade cryptocurrencies. Tether CEO Paolo Ardoino said the move will provide new opportunities for basic mobile phone users to participate in the financial system. Sorted Wallet CEO Stephen Browne emphasized that the platform aims to achieve financial empowerment for millions of users in Africa and South Asia. As of June 2023, India has become the country with the largest volume of crypto asset transactions in the region, receiving an estimated $268.9 billion in crypto assets.