Nedbank and Crypto.com Partner to Modernize Payments With USDC in Africa

Published at 2026-03-06 07:46:03

Nedbank and Crypto.com announced a strategic collaboration to develop blockchain-powered payment and settlement solutions across Africa, centered on USDC as a digital dollar liquidity source. The partnership aims to lower the cost of cross-border transactions, speed up settlement times, and provide broader access to dollar-denominated stablecoin liquidity for corporates, remitters, and banks operating across African corridors. If successful, the initiative could accelerate the adoption of next-generation financial rails in the region, easing FX friction and improving payment efficiency for trade and remittances. The rollout will hinge on regulatory coordination and compliance measures with local central banks and regulators, as stablecoin oversight and KYC/AML controls remain key to broader institutional acceptance.

Share on:

Related news

Ripple Director Highlights New UK Crypto Regulatory Milestone

Cassie Craddock, CEO and Managing Director of Ripple Labs UK, said on X on March 6, 2026 that Ripple has reached a new milestone in the region tied to its regulatory efforts. The company framed the development as part of its ongoing work as a crypto industry operator.

Published at 2026-03-06 16:01:06
Strike wins New York crypto and money licenses

Strike has received NYDFS approvals to operate a Bitcoin brokerage in New York, enabling recurring buys and paycheck-to-Bitcoin conversions for residents. The move clears regulatory hurdles and expands retail access to BTC in one of the U.S.’s most tightly regulated markets.

Published at 2026-03-06 10:30:43
PayPal and TCS Launch Blockchain Settlement Network for Trucking

PayPal USD (PYUSD) and TCS Blockchain have partnered to build a blockchain-based settlement network aimed at replacing costly factoring in the trucking industry, enabling faster and cheaper freight invoice payments.

Published at 2026-03-06 06:46:15
Solana Payments Soar 755% YoY as Visa, Stripe and Western Union Move On-Chain

Solana’s total payment volume jumped 755% year-over-year, reportedly overtaking major fintech processors as payments from companies like Visa, Stripe and Western Union land on-chain. The surge bolsters Solana’s standing as a settlement layer for stablecoins.

Published at 2026-03-06 06:31:15
Hana Card, Circle and Crypto.com Roll Out USDC Tourist Payments in South Korea

Hana Card, in partnership with Circle and Crypto.com, has launched USDC stablecoin payment services for international tourists in South Korea, enabling faster cross-border payments and lower FX friction.