Onafriq partners with Privy on African stablecoin infrastructure
70 pts · High·The Paypers·3h ago · Jul 31, 07:53 UTC·1 min read
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Onafriq has formed a partnership with Privy to develop stablecoin infrastructure aimed at the African market. This collaboration is set to promote the use of stablecoins across various applications, including remittances and digital payments.
Key takeaways
- ▸The partnership will focus on building stablecoin infrastructure tailored for the African market.
- ▸Onafriq aims to leverage Privy's technology to support digital payments and remittances.
- ▸This move is poised to enhance financial inclusion in Africa through the use of stablecoins.
Why this matters
This partnership could significantly impact how stablecoins are adopted in Africa, potentially revolutionizing digital payments and remittances. As the demand for efficient financial services grows, this infrastructure might give Onafriq and Privy a competitive edge in the evolving fintech landscape.
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