Tag: Africa (2)

A Mother in Lagos Sends $10. JPMorgan Sends $10M. Guess Who Pays More in Fees?

10/06/2025 • Stablecoin, FinTech, Payments

An African mother using her mobile phone to send money for her child's school lunch in Lagos, Nigeria.

In the global payment system, small senders pay the highest percentage in fees. A mother in Lagos loses 8% sending $10 for school lunch, while a bank wiring $10 million pays less than 0.1%. Stablecoins may finally level the playing field.

#Remittances #Stablecoins #Cross-BorderPayments #Compliance #EmergingMarkets #Africa #Nigeria #LatinAmerica

Emerging Markets Do Not Need More Local Stablecoins

09/04/2025 • Stablecoin, FinTech

Stablecoin tokens connected across Africa and Latin America remittance corridors with digital payment flows

Africa and LATAM processed more than $250B in remittances last year, sparking calls to mint local stablecoins. But creating tokens tied to volatile currencies does not solve the real challenge of FX liquidity. The bigger opportunity is in building better rails and intelligence layers around existing stablecoins like USDC and USDT.

#EmergingMarkets #Payments #Remittances #FXLiquidity #LATAM #Africa #USDC