TL;DR, With 1M users and $2B processed, Raenest’s stablecoin accounts (USDC/USDT) deliver faster payouts and inflation‑resistant savings for African freelancers. Raenest (formerly Geegpay) now lets African remote workers and creators receive crypto payments and instantly convert them to fiat currency, bridging the gap between the global crypto economy and everyday local spending. Nigeria…
TL;DR, Binance Pay partnered with Zapper to enable QR code crypto payments at 31,000+ South African merchants, including KFC and Sasol, effectively doubling Binance’s global merchant network. The system is seamless and risk-free for merchants, who require no new hardware and receive instant settlement in local currency (ZAR), completely avoiding crypto’s price volatility. This partnership…
Celo Blockchain has been a leading frontier within Africa’s digital transformation journey. The platform pivots a unique intersection between the continent’s growing mobile penetration and its growing crypto adoption rate. Unlike its peers, the organization focuses on mobile blockchain payments, interacts with and supports other native blockchain payment solutions, and even Web3 startup support. This…
The African Bitcoin ecosystem has expanded beyond anyone’s imagination, stretching from retail solutions tailored to cater for natives to education programs providing financial education and programming skills to our growing youth. In Brief The African Bitcoin ecosystem is thriving across payments, mining, education, and community-building, pushing Bitcoin beyond speculation into real-world African use cases. Youth-led…
TL;DR, Fuse Blockchain partnered with NexusPay to tackle the limitations of traditional financial systems in Africa. The partnership introduces stablecoin accounts, reducing conversion costs, boosting adoption, and strengthening Africa’s position in the global Web3 economy. The alliance leverages FuseBox Web SDK for gasless, secure, efficient cross-border remittances while enhancing security via account abstraction and recovery…
Developers are the future of Africa’s Web3 ecosystem. In Brief Base East Africa a growing community featuring startups like Swypt and HakiChain to address local challenges via decentralized legal, financial, and daily-use dApps. Platforms like Swypt (stablecoin rails), HakiChain (legal bounties), ElementPay (everyday payments), and Ndovu (robo-advisory) showcase Base’s practical impact. Developer support—including grants, tooling,…
Following up groundbreaking research showcasing Africa’s fast-paced stablecoin transaction volume, Kredete, a fintech platform, has unveiled the continent’s first stablecoin credit. In Brief Stablecoin credit card by Kredete enables Africans to spend USDC globally with near-instant Stellar settlements. Real-time FX conversions and minimal gas fees make it a genuinely low-cost remittance and spending solution. Integrated…
Elon Musk has officially confirmed the commencement of the X Money beta testing phase for his ambitious global payment platform. In Brief X Money beta testing positions Musk’s platform to merge social media with crypto-friendly banking, rivaling PayPal and Venmo. Securing 41 U.S. licenses underscores X Money’s regulatory groundwork for global peer-to-peer and crypto transactions….
TL:DR, Bitmama and MANSA have joined forces to revolutionize cross-border payments across 18 African nations by providing enhanced liquidity and blockchain solutions. Nigerian cryptocurrency exchange Bitmama announces a strategic alliance with blockchain payment provider MANSA to expand multi-currency services and cater to Africa’s expanding Web3 community. MANSA will provide liquidity infrastructure in support of Bitmama’s…
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