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WuSaidBlockchainW

According to The EastAfrican, Visa, mobile payment platform and African cross-border payment company Onafriq are piloting the use of stablecoins to settle mobile wallet top-up transactions in the Democratic Republic of Congo. Godfrey Sullivan, head of Visa CEMEA Solutions, stated that the pilot is implemented via VisaPay. When users top up their mobile wallets, the transactions will be settled with stablecoins in the background, without changing the front-end user experience. Visa said that stablecoins are expected to help address cost and efficiency issues in cross-border payments, remittances, and B2B payments in Africa.

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GateUser-44dde53b
· 6h ago
Congo pilot, backend settlement with stablecoin, users unaware, this approach is quite smart, reducing education costs.
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BudgetDeFi
· 8h ago
If B2B payment can really reduce costs and increase efficiency, small and medium-sized enterprises can breathe a sigh of relief, but what about regulatory compliance?
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QuietAirdropper
· 8h ago
VisaPay+ stablecoins—traditional giants embracing on-chain settlement, and Crypto’s mass adoption still depends on this kind of subtle, imperceptible permeation.
View OriginalReply0
BreadthHunter
· 8h ago
Users don't feel it on the frontend, the backend is already on-chain. This is the future, right? The best form of a stablecoin is one that you don't even notice its existence.
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L2NightRunner
· 8h ago
The cost of cross-border payments in Africa is truly outrageous. How much in fees can stablecoins save? We'll have to wait for the data to see.
View OriginalReply0

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