South Africa’s Discovery Bank to support crypto transactions with Luno integration
Users can track crypto and fiat balances on one platform and seamlessly move funds between their Luno wallets and fiat accounts.
Companies
New South African stablecoin goes live on Luno
Dubbed the ZAR Supercoin, the stablecoin designed and developed by New York-listed Super Group, is backed by cash reserves in Absa bank.
Why Yellow Card shuttered its retail business
Yellow Card told Mariblock that the decision was driven by strong, growing demand for stablecoin-fiat payment services.
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.
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.
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.
Empowa expands blockchain housing model to Nigeria
The firm is also seeking for the listing of its native token EMP on Nigerian local crypto exchanges.