Payment rails — coverage and analysis.
World Money is available in more than 150 countries, but access to its full features remains limited by geography and World ID verification.
Sui, the layer-one blockchain protocol, is shifting its African strategy from developer acquisition and community growth to payment infrastructure. Months after Sui partnered with one of Africa's pioneer fintechs Paga as its primary blockchain infrastructure provider, the protocol has now been integrated by Daya. Daya will use Sui as settlement infrastructure to support its offerings around cross-border payments, treasury management and low-cost stablecoin transfers.
Previously, Sui had doubled down on acquiring developers in Nigeria, Ghana, South Africa and Kenya. Its African activities focused mainly on developer events, talent acquisition, training and community growth. Now, in keeping with the broader market direction, the protocol has dived into partnerships that help it provide payment infrastructure for businesses.
Daya integrated Tempo last month and Aptos in June, adding another chain to its existing rail for moving stablecoins, and it is seeing some traction. In August, its Pro feature for OTC desks, P2P traders and other crypto professionals processed $6.2m, up from $600,000 in March.
Its Daya Pro liquidity product processed $6.2 million in August, up from $600,000 in March, according to Afriflux.
Six of the 10 admitted startups in the new cohort target African markets across payments, wallets, treasury, trade finance and stablecoins.
Stablecoin wallet provider Blockradar has hit $1 billion in transaction volume, two years after launch. It now supports 100s of fintechs across 20 countries.
The milestone underscores the infrastructure quietly powering Africa’s stablecoin boom.
Last year at ETHSafari in Kilifi, Kenya, I spoke to two founders building a payments startup. One told me his team had two engineers, neither a blockchain specialist. Integrating Celo took about two months.
Then they switched to Blockradar.
“It’s like a normal API. They built it like a normal API. It doesn’t feel blockchain at all,” he told me.
Companies putting stablecoins into financial products eventually face the complexity of multiple blockchains. Blockradar abstracts that complexity into familiar API calls, turning months of integration work into hours or days.
Parents maintain full control of these accounts designed to teach crypto and financial literacy to children aged 17 and under.
Users can track crypto and fiat balances on one platform and seamlessly move funds between their Luno wallets and fiat accounts.
Plus: 🌍 Here’s why Flutterwave is enabling stablecoin payments via Polygon
Olugbenga Agboola said rising demand from clients and suppliers already using stablecoins pushed Flutterwave to build payment flows that match how people are transacting today.
Yellow Card told Mariblock that the decision was driven by strong, growing demand for stablecoin-fiat payment services.
While the full rollout is scheduled for 2026, a pilot program of the product feature is expected to run its course before the end of the year.
Ayotunde Alabi highlights how adopting stablecoins and tokenized assets can help Africa build a modern financial system that drives trade and economic growth.
The move combines modern digital asset technology with the security and trust of a tradfi institution to provide digital asset custody.
The network also wants its system to be compatible with more modern digital finance rails such as stablecoins
In July, Onboard announced a new iteration of its platform — an all-in-one app to receive and manage payments in both crypto and fiat.
The two companies have already partnered on crypto card solutions with Bybit and S1LKPAY, which use USDC to settle transactions.
The company announced that the new capital will be used to accelerate HoneyCoin’s scaling plans, expand its product suite, hire senior talent and strengthen compliance and licensing capabilities.
The partnership will allow Xend Finance’s users earn yields from investments in US stock market options and RWAs through Risevest
CEO Ugo Aronu says the feature will provide a platform to attract foreign direct investment into Nigeria
Africa is seeing high crypto wallet adoption, but actual usage and value remain limited. Experts say economic realities, short-term utility and product gaps help explain the disconnect.
