#Stablecoins - Web3Africa

SA Slams the Door on Crypto Loopholes: Cross-Border Rules Drop in 2025!

KenMichaelsAugust 18, 2025January 30, 202608 mins

South Africa rejects exchange control exemption for SARB-led crypto framework after Judge Motha rules “cryptocurrency is not money.” Financial Regulators Steering Committee establishes CASP cross-border reporting closing 1961 Exchange Control loopholes. FICA subjects Luno, VALR, Binance to AML/CFT/CPF as Luno flags onshore/offshore gap hindering institutional adoption. Framework resolves “money” vs “capital” dichotomy within year

We Built the Tooling We Wished Existed: The Infrastructure Powering Africa’s Stablecoin Boom

KenMichaelsAugust 18, 2025July 30, 2026013 mins

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.

HoneyCoin Secures $4.9M to Expand Instant Stablecoin Payments

KenMichaelsAugust 12, 2025February 2, 202608 mins

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.

Quidax Report: How OTC and Stablecoins Are Changing African Payments

KenMichaelsAugust 12, 2025July 30, 202609 mins

Africa’s stablecoin adoption (43% crypto volume) outpaces Bitcoin (18.1%) as OTC trading delivers 106% annual growth and practical utility. Nigeria receives 40%+ Sub-Saharan stablecoin inflows; Ethiopia surges 180% YoY, Zambia tops 100%.
Quidax OTC desk cuts settlements from 5 days to under 1 hour with Nigeria SEC/Canada licenses while local stablecoins cNGN, cKES, ZARP facilitate cross-border payments. Buchi Okoro predicts “increased institutionalization” as regulatory frameworks mature across Kenya, Ghana, South Africa markets.

South African Fintech Startups to Watch in 2025: Cutting-Edge Payment Solutions for SMEs and Beyond

KenMichaelsAugust 11, 2025July 30, 2026010 mins

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…

Stablecoins Meet M-PESA: Kenyan Mobile Money, Mpesa Adds PayPal

KenMichaelsAugust 5, 2025July 30, 202608 mins

PayPal integrates with M-Pesa’s 35.8M wallets, revolutionizing Kenya’s digital payments as mobile money revenue hits $1.25B. Freelancers and remote workers (5% of Kenya’s workforce) now access instant PYUSD stablecoin conversions at just 0.99% fees, bypassing inflation and FX bottlenecks. With 299,000 agents processing $17.83B annually, this integration positions Kenya as Africa’s stablecoin gateway for global commerce and financial inclusion.

The $3 Trillion Opportunity: PayPal Opens Crypto Floodgates for Merchants

KenMichaelsJuly 29, 2025January 29, 202608 mins

PayPal crypto payments reduce transaction fees 90% with 0.99% rate (until July 2026) connecting merchants to $3T market via PYUSD stablecoin conversion. Supporting 100+ cryptocurrencies across Coinbase, MetaMask, Binance, Kraken, merchants access 650M users with near-instant settlement and 4% APY rewards. Jose Fernandez da Ponte: “Stablecoins like PYUSD are essential to blockchain payments.” African startups face regulatory hurdles despite Nigeria, Kenya, South Africa crypto frameworks and cNGN/ZAR stablecoin adoption.

Nigeria SEC: Stablecoin Rules to Empower Users and Protect Markets

KenMichaelsJuly 28, 2025July 30, 202608 mins

Speaking at the Nigeria Stablecoin Summit 2025, Director-General of the Securities and Exchange Commission of Nigeria (SEC Nigeria), Dr Emomotimi Agama boldly declared: “Nigeria is open to stablecoin business, but on terms that protect our markets and empower Nigerians.” The nation’s progress with its Naira-pegged stablecoin, its recent upgraded law might lead to an upcoming…

Why Crypto Payments Are Becoming Everyday Essentials (Bitget Report)

KenMichaelsJuly 28, 2025January 29, 202608 mins

Bitget PayeFi Unlocked report surveying 4,599 users confirms 35%+ leverage crypto for everyday transactions—groceries, subscriptions, travel. Gen Z (40% gaming, 35% social gifting), Millennials (36% travel, 35% digital goods), Gen X (40% travel, 36% utilities) drive adoption. Africa leads with 38% education payments, 1600% Bitget Wallet surge (2024). East Asia: 41% daily purchases. Middle East: 41% gaming, 31% luxury goods. MoneyBadger, ZeroCard provide QR payments settling in fiat. Bitget Card: zero-fee European Mastercard (150M+ merchants). Alvin Kan, COO: “Users already living on-chain.”

Bitcoin’s Next Price Targets Revealed by Top Analysts (Crypto Insights)

KenMichaelsJuly 15, 2025July 30, 202608 mins

Bitcoin price surge reaches $122,000 all-time high (currently $116,984) as institutional adoption propels Bitcoin ETF performance toward $135K-$150K targets.
Katie Stockton (Fairlead): “Measured move projections” indicate $135K. Nic Puckrin (Coin Bureau): “Rally driven by institutional capital, retail buyers nowhere to be seen yet.”
Bernstein: “This cycle looks more structural—clear regulatory framework, government support, strong institutional adoption.” Africa ripples: 43% stablecoin volume, Kenya/Nigeria/Ghana collaborative blockchain adoption, Minister Kabogo’s tokenization advocacy.

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