Tag: cross-border payments

Tether stablecoin USDT is coming to Celo blockchain

Tether has announced plans to integrate its USDT stablecoin onto the Celo blockchain. Tether's circulating supply crosses the 102 billion mark, and...

Cardano’s Charles Hoskinson refutes Hydra abandonment: ‘It’s raining FUD’

The Cardano network's transaction processing is about to undergo a revolution thanks to Hydra. Grayscale's Dynamic Income Fund (GDIF) has emerged as a...

Zone’s 2025 Remittance Product: A Paradigm Shift in International Money Transfers

Zone's aspirations for regulated DeFi signal a broader trend toward embracing cutting-edge technologies to overcome longstanding financial challenges. It harbours ambitious...

Baki Unleashed: Canza Finance Raises $2.3M for Innovative FX DeFi Platform

The Nigerian Crypto startup secured $2.3 million in a strategic funding round. Canza Finance has raised $5.5 million after closing a $3.27 million...

Ripple Empowers Onafriq Fintech: Unleashing Cross-Border Payment Capabilities Across Africa

Ripple has partnered with Onafriq fintech to expand cross-border payment systems in Africa. On November 5th, 2023, MFS Africa officially rebranded to...

Tether cross border payments mobile app for international trade in beta testing

Tether's upcoming mobile app promises to be a game-changer in trade finance and cross-border transactions. One of the app's standout features is its...

Blockchain and crypto revolutionizing Africa’s digital financial landscape

Blockchain technology can solve Africa’s financial needs—precisely the disruption needed to level the playing field. This parallel financial structure can serve a tangible social good, offering an onramp to Africa’s financial landscape for people who would otherwise be excluded. The local currencies’ depreciation in Africa has made them no longer a safe store of value. While remittances comprise a hefty portion of GDP, international sanctions complicate linkages to the global economy. Thus, blockchain and crypto can offer a lifeline for the survival of Africa’s financial landscape.

Flutterwave management- customer fallout after a US$4 million hack

On February 6, 2022, hackers walked away with over US$4 million from Africa’s star fintech, Flutterwave. Nigerians have been experiencing a shortage of...

A Bola Tinubu Presidency and the outlook of crypto in Nigeria

President Buhari stated that a properly managed e-Naira could add over US$29 billion to Nigeria’s GDP Mr Tinubu promised to create over one...