Canza Finance has launched the Canza Autonomous Payment Protocol (CAPP), a pioneering AI-driven system designed to revolutionize cross-border payments in Africa. This new protocol aims to address inefficiencies in traditional financial systems by reducing transaction costs by 90% and enabling near-instant settlements. CAPP's Mobile Money Bridge Agents will unify 156 mobile payment systems, providing seamless access to the digital economy for over 400 million unbanked users.
The launch follows Canza's achievement of surpassing $131 million in cumulative trading volume for its local USDT, marking a 300% growth from the previous quarter. This milestone underscores the demand for efficient financial services in Africa, as Canza continues to empower businesses and individuals with innovative solutions. Operating on the Aptos blockchain, CAPP ensures secure, low-cost transactions, setting a new standard for decentralized finance in the region.
Canza Finance Unveils CAPP for Africa's Cross-Border Payments
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