In Brief Circle launched the Circle Gateway on August 19th to address stablecoin fragmentation. Â BlockRadar integrated this product into its infrastructure for better USDC management. Â BlockRadar’s upgrade improves treasury management, automating processes across multiple chains. Â On Tuesday, August 19th, Circle officially launched its Circle Gateway within its mainnet. The product offering tackles…
In Brief Stablecoin payouts via ChainPal enable near-instant conversion to mobile money and bank accounts, cutting remittance fees and settlement times. ChainPal’s AI matching engine plus enterprise security and KYC create compliant, low-cost payout rails for freelancers, builders, and SMEs. ChainPal offers professional invoices and automated payouts, reducing fees and enhancing efficiency. Stablecoin payouts have…
In Brief Digital asset regulation anchored in research will close cross-border loopholes and standardize crypto reporting for Ghana. Resource-Based Monetary Sovereignty (RBMS) proposed, focusing on tangible assets over foreign currency debt. Â A potential dCedi model would be redeemable for specific commodities, shifting focus to store of value. Â The Bank of Ghana has taken…
Born from LazerPay’s shutdown frustration, Blockradar now processes $100M+ in stablecoin transactions with non-custodial wallet infrastructure that feels custodial. COO Morgan Williams, veteran of Coinbase and Coins.ph, empowers African fintechs to offer embedded crypto wallets without complex builds. Founded by Abdulfatai Suleiman after “opinionated” providers blocked his vision, Blockradar tackles Africa’s remittance challenges across Nigeria-Kenya-Asia corridors.
Kenyan fintech HoneyCoin raises $4.9M led by Flourish Ventures to tackle Africa’s $329B cross-border market. Processing $150M for 50 enterprises and 360K users, the platform uses AI-powered stablecoin rails for instant settlements. Holding MSB, VASP licenses across US, Europe, and Africa, HoneyCoin expands to Mozambique, Zambia, Latin America with Visa-backed debit cards and BaaS solutions driving stablecoin adoption.
In Brief Fintech solutions in South Africa are driving inclusion with affordable payment systems, blockchain integration, and stablecoin adoption. Startups like Tata-iMali, TurnStay, Sticitt, and UsPlus are solving sector-specific problems—from informal trade to travel, education, and SME financing. The rise of localized, low-cost platforms is reducing fees, boosting efficiency, and opening access to underserved communities…
In Brief CBDC implementation in Rwanda enters a proof-of-concept phase, focusing on offline payments, USSD access, and integration with existing systems. Selected banks, merchants, and institutions will test security, legal, and user-experience features over a five-month period. Public ideathons and consultations ensure the CBDC design remains inclusive, complementing, but not replacing, mobile money services. Rwanda’s…
Visa, global payments leader, has kickstarted its fifth edition of its fintech accelerator program, the Visa Africa Fintech Accelerator. In Brief The fintech accelerator program by Visa enables African startups to access funding, global networks, and mentorship that drive regional financial inclusion. Previous accelerator cohorts saw startups like WorkPay and PayTic achieve rapid success and…
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…
Crypto payment cards via Mastercard and MoonPay empower Africa’s unbanked by converting stablecoins to fiat at 150M global merchants. Gig workers in Nigeria, Kenya, and South Africa now access instant cross-border payments via stablecoin cards, bypassing high remittance fees. Africa’s 43% stablecoin transaction dominance drives crypto payment card adoption, reshaping SMEs’ access to global markets…
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