Visa has partnered with Onafriq to test a stablecoin-based cross-border payment solution in the Democratic Republic of the Congo. The pilot aims to streamline mobile money top-ups by using stablecoins, potentially reducing costs and improving efficiency in multi-currency transactions. Visa highlighted the potential of stablecoins to enhance African cross-border payments, remittances, and B2B transactions.
Visa and Onafriq Pilot Stablecoin Payments in Congo
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