A financial technology firm that issues the USDC stablecoin and provides payment solutions.
Zepz to use stablecoins to optimise its remittance back-office infrastructure
Zepz has partnered with Circle to integrate stablecoins into its back-office operations. This partnership aims to reduce reliance on pre-funding payout positions in destination countries.
USDC stablecoin issuer, Circle files for US banking licence
Circle has applied for a National Trust Charter with the OCC to establish a federally regulated trust institution. The proposed bank will manage the USDC Reserve and offer digital asset custody services to institutional customers.
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.
Onafriq Partners with Circle to power remittances and cross-border payments with USDC
Onafriq and Circle announced a strategic partnership to transform cross-border payments in Africa. Over 80% of intra-African payments currently go through correspondent banks outside the continent.
Over 25 million Nigerians hold crypto assets, yet Web3 startups are underfunded. Why?
Over 25 million Nigerians are adopting digital currencies, particularly stablecoins like USDT. Nigerian Web3 startups raised only $20 million in 2024, a decline from $22 million in 2023.
