Blockchain Protocols
Kora has launched One Rail, a new payment infrastructure layer that allows African merchants to integrate stablecoins into their existing payment systems, as the fintech expands beyond traditional fiat transactions to address cross-border settlement and liquidity challenges. The platform enables businesses to collect, hold, convert and settle stablecoins alongside conventional currencies through Kora’s existing APIs
Bitget Wallet has integrated with the Arc blockchain at its mainnet launch, connecting its 100 million users to a network designed for stablecoin payments, foreign exchange and capital markets. The integration gives users access to Arc through Bitget Wallet’s consumer app, including onchain token swaps and cross chain transfers. The wallet’s enterprise API platform, Bitget
HyperFX has been added to Monierate, bringing the blockchain based foreign exchange settlement platform into a rate comparison network tracking more than 90 providers across Nigeria’s increasingly digital FX market. Developed by blockchain infrastructure company Polytope Labs, HyperFX focuses on FX settlement using stablecoin based infrastructure, while Monierate aggregates exchange rates from different providers to
Africa’s largest IPO is now accepting subscriptions through stablecoins on the Solana blockchain, highlighting another potential use case for digital assets in African capital markets. The development puts stablecoins closer to a traditional capital raising process, allowing prospective participants to subscribe to the IPO using digital assets rather than relying solely on conventional payment channels.
Mastercard has partnered with Busha to make cryptocurrency transfers simpler and more trusted for eligible users in Nigeria, introducing verified aliases that allow users to send and receive digital assets without relying on lengthy blockchain wallet addresses. The partnership brings Mastercard Crypto Credential to Busha, making the Nigerian digital asset exchange one of the first
Ethereum Layer 2 network Base is pushing deeper into the race for blockchain scalability with the rollout of its first independent network upgrade, “Azul,” a move that could reduce withdrawal times to as little as one day while significantly improving transaction throughput. The upgrade, which is already live on testnet and scheduled for mainnet activation,