Circle and Sasai Fintech Partner to Expand USDC Access Across Africa | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Circle Internet Group has announced a new collaboration with Sasai Fintech, part of Cassava Technologies, to expand access to USDC and develop on-chain financial infrastructure across Africa.
Circle said the partnership will explore practical uses of USDC, a fully reserved, dollar-backed stablecoin issued through its regulated affiliates.
The companies plan to examine how Circle’s platform can reduce costs, settlement friction and processing times for Sasai’s enterprise and consumer customers.
Sasai Fintech operates across key African payment corridors, offering cross-border transfer services, business payment solutions and mobile-wallet products.
Integrating USDC into these systems would allow users to connect more seamlessly with the global financial ecosystem, the companies said.
Strive Masiyiwa, executive chairman of Cassava Technologies, said Africa’s digital economy was entering “a new era”, powered by mobile-first consumers and growing regional trade. He said integrating with the USDC network would support financial inclusion and open new opportunities for businesses and individuals.
Jeremy Allaire, co-founder and chief executive of Circle, said emerging markets were driving stablecoin adoption and that Africa represented “a significant opportunity” for internet-native financial innovation.
