Flutterwave taps Polygon for stablecoin-powered cross-border payments
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.
Business
Unlocking Africa’s next economy would require new money
Ayotunde Alabi highlights how adopting stablecoins and tokenized assets can help Africa build a modern financial system that drives trade and economic growth.
Ripple to provide digital assets custody services for Absa’s users
The move combines modern digital asset technology with the security and trust of a tradfi institution to provide digital asset custody.
Paxful shuts down, blames ex-co-founders Youssef and Schaback
The exchange asked users to withdraw their funds before November 1 when it will cease all operations
SWIFT partners with global and African banks on blockchain-based shared ledger
The network also wants its system to be compatible with more modern digital finance rails such as stablecoins
USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
Circle joins the Swiss-based venture capital firm to invest in early-stage African blockchain companies over a period of ten years from 2022.
Coinbase-backed Onboard 3.0 attracts 10k users two months after launch
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.