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.
Why trust and attestations are non-negotiable for stablecoins, especially in Africa
Kenneth J. Arrow emphasizes that trust is a fundamental element in commercial transactions. Countries like China and the US exhibit higher trust levels compared to South Africa, Nigeria, and Ghana.
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.
