Zanzibar Crypto City Targeting Digital Nomads

Ben Graham · 7 horas atrás

Zanzibar reportedly plans a crypto-backed “cyber city” aimed at digital nomads.

The project, called Dunia Cyber City, would sit on a 71-hectare site and operate as a special economic zone (SPZ) with crypto-friendly rules. An SPZ is more like a sandbox or a testing zone where tech workers live, earn, and pay using digital systems first.

For everyday investors, this signals that crypto, including the next 100X coins, is moving beyond trading screens and into daily life.

Bitcoin (BTC) held near recent highs as the story circulated, showing steady interest in real-world crypto adoption rather than hype trades.

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Africa Crypto News: Dunia Cyber City Plans, Tether Expansion

A crypto-backed city like Dunia City uses blockchain rails for payments, identity, and business services.

Blockchains like Ethereum and Bitcoin work like a public spreadsheet anyone can check, which reduces disputes and paperwork. In practice, residents may pay rent, taxes, or utilities with stablecoins, which are digital dollars designed to hold a steady price.

Zanzibar already laid the groundwork through a national blockchain sandbox where new tech will be trialed under relaxed rules before full rollout.

This setup attracts builders who want clarity instead of regulatory guesswork.

The government also signed a memorandum with Tether, the issuer of USDT, to expand blockchain education and explore stablecoin payments.

Paolo Ardoino, CEO of Tether, said through this deal, they are ” laying the foundation for a compliant, scalable, and inclusive digital economy.”

“By combining clarity with educational investment and digital asset integration, we will be laying the foundation for a compliant, scalable, and inclusive digital economy. By working together, we hope to create a digital economy that leverages the power of blockchain to improve lives and support economic development across Zanzibar.”

Government officials in Zanzibar see this as financial literacy first, payments second.

Why Digital Nomads Care About Zanzibar Crypto Scene

Digital nomads earn online and move often. Traditional banking slows them down. Crypto payments settle fast and cross borders without waiting days for wires.

Through Dunia Cyber City, Zanzibar wants to be for East Africa what Singapore became for Southeast Asia.

That means low-friction business setup, modern housing, and digital services from day one.

Similar ideas appear in state-backed crypto initiatives elsewhere.

For investors, this shows how real-world adoption supports demand for stablecoins and infrastructure rather than meme trading. It also hints at future demand for tokenized assets, where real property or services move on-chain, a theme covered in our guide to asset tokenization.

This is still a plan, not a finished city. Construction delays, policy shifts, or funding gaps can slow progress. Special economic zones work only if the rules stay consistent.

Crypto payments also depend on reliable internet, education, and consumer trust. Stablecoins reduce volatility, but they rely on issuers and reserves. That is why infrastructure, like the stablecoin rails banks now back, matters.

If Zanzibar succeeds, more regions will copy the model. If it stalls, it still teaches what works and what breaks when crypto meets real life.

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