Network financial platform company Circle (NYSE: CRCL) announced that its affiliate has partnered with Sasai Fintech, a subsidiary of Cassava Technologies, to accelerate the adoption of stablecoin USDC in Africa and expand Web3-native financial infrastructure. The target areas include remittances, commercial transactions, and mobile wallet services.
According to the announcement, this partnership will integrate the second-largest stablecoin into Sasai’s existing payment infrastructure, which supports cross-border transfers, business payments, and consumer wallets, aiming to reduce costs and settlement times. Sasai operates in multiple African markets, providing digital payment services that can be integrated with Circle’s on-chain infrastructure.
A report released by Chainalysis in September last year showed that cryptocurrency adoption in Sub-Saharan Africa surged sharply, increasing by 52% over 12 months until June 2025. The region’s on-chain value exceeded $205 billion.
Circle stated that driven by mobile-first consumers, cross-border e-commerce, and a rapidly growing digital economy, stablecoin usage in Africa is expanding quickly. Circle and Sasai Fintech will collaborate to explore practical applications of USDC and how Circle’s full-stack platform can help Sasai’s enterprise and individual clients reduce costs, minimize friction, and shorten settlement times.
“Africa’s digital economy is entering a new era, thanks to entrepreneurial spirit, a mobile-first generation, and the accelerated development of regional trade,” said Strive Masiyiwa, founder and executive chairman of Cassava Technologies. “By integrating with the trusted and widely used USDC network, we can promote financial inclusion and create transformative opportunities for businesses and consumers.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
RedotPay Integrates Sui and USDC-Sui, Expanding Payments to 100+ Countries
RedotPay now supports SUI and USDC-Sui on the Sui network, enabling faster global payments for 130M merchants and 7M customers, with scalable cross-border transactions bridging crypto and commerce.
Abstract: RedotPay has added support for SUI and USDC-Sui on the Sui network, enabling seamless payment processing and global payouts across its ecosystem. Serving more than 130 million merchants in over 100 countries and about 7 million customers, the platform aims to offer faster, more scalable cross-border payments and broader blockchain-enabled financial access. By integrating SUI and USDC-Sui, RedotPay seeks to simplify sending and receiving payments worldwide while ensuring secure, efficient transactions that bridge digital assets with real-world commerce.
GateNews6m ago
Whale Deposits $2M USDC to Hyperliquid, Buys 50,080 HYPE at $39.94 Average
Gate News message, April 22 — According to Onchain Lens, a whale deposited 2 million USDC to Hyperliquid and purchased 50,080 HYPE at an average price of $39.94 per token.
GateNews2h ago
Volo Protocol vault attacked, losses totaling 3.5 million, remaining TVL confirmed to be safe
The Volo within the Sui ecosystem posted a statement on the X platform, confirming that a security vulnerability occurred, resulting in about $3.5 million in assets being stolen from three specific vaults, involving WBTC, XAUm, and USDC. Volo said it notified the Sui Foundation and ecosystem partners immediately after detecting the attack, freezing all vaults to prevent further losses; Volo pledged to cover all losses and would not allow users to bear any responsibility.
MarketWhisper5h ago
BIS Warns Dollar-Denominated Stablecoins Like USDT and USDC Pose Financial Stability Risk
Gate News message, April 21 — The Bank for International Payments (BIS) has reiterated concerns about stablecoins, with Managing Director Pablo Hernandez de Cos warning that dollar-denominated stablecoins such as USDT and USDC are fundamentally riskier than commonly perceived.
Cos stated that
GateNews22h ago
