VALR, a prominent cryptocurrency exchange in Africa, has partnered with Mukuru to enhance the USDC stablecoin payment infrastructure in South Africa. This collaboration aims to increase the adoption of stablecoins through regulated financial products, providing a more stable and accessible payment option for users.
In a separate development, Bitcoin ATMs have been installed in several shopping malls across Nairobi, Kenya. This follows the country's recent cryptocurrency legislation enacted on November 4, which has paved the way for increased crypto accessibility and usage.
Additionally, the IOTA Foundation, in collaboration with the World Economic Forum and the Blair Institute, is launching the ADAPT initiative. This project is designed to facilitate cross-border stablecoin payments across Africa, further integrating digital currencies into the continent's financial ecosystem.
VALR and Mukuru Expand USDC Payments in South Africa; Bitcoin ATMs Debut in Nairobi
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