A stablecoin issued by Circle, pegged to the US dollar, aimed at providing a reliable digital currency for transactions.
Africhange Technologies Limited launches USD virtual accounts and new crypto-powered features
Africhange Technologies Limited launches three new cryptocurrency features on its remittance platform. The fintech operates across Nigeria, the UK, Canada, and Australia, serving corridors throughout Africa and Europe.
Circle Ventures places $20M bet on Africa’s stablecoin future
Circle Ventures invested in the $20 million African Blockchain Fund managed by Crypto Valley Venture Capital. The investment signals confidence in Africa’s stablecoin-powered digital asset ecosystem.
Inside Codex’s plan to build a stablecoin-only settlement layer for payments in Africa
Codex raised $15.8 million in a seed round led by Dragonfly Capital to build a blockchain focused solely on stablecoins. The startup aims to streamline cross-border payments in Africa, where traditional transactions are often slow and costly.
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.
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.
