A financial technology firm that issues the USDC stablecoin and provides payment solutions.
Q&A: Blockchain’s Role in African Remittances
High remittance fees and delays push 70% of cross-border payments into informal channels. Blockchain reduces remittance fees to 0.5-3% and processes payments in minutes.
Flutterwave CEO Bets on Stablecoins as Africa’s Next Financial Leap
Flutterwave's CEO Olugbenga Agboola announced the integration of stablecoin payments across its products. The fintech growth in Africa has surpassed $1 trillion in transaction value in 2024, primarily due to youth adoption.
Stablecoin Settlements Go Live in EEMEA with Mastercard and Circle
Mastercard and Circle have expanded their partnership to enable USDC settlements in EEMEA. This initiative aims to connect blockchain-native assets with traditional commerce infrastructure.
Inside Codex’s plan to build a stablecoin-only settlement layer for payments in Africa
Codex raised $15.8 million in a seed round led by Dragonfly Capital to build a blockchain focused solely on stablecoins. The startup aims to streamline cross-border payments in Africa, where traditional transactions are often slow and costly.
South Africans are spending $112k monthly in crypto to buy everyday items
South Africans are spending over R2 million monthly on groceries and other essentials using cryptocurrency. Luno Pay has facilitated over R20 million in crypto transactions since its launch.
