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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 through VisaPay, and when users top up their mobile wallets, the transactions will be settled in stablecoins in the backend without changing the front-end user experience. Visa said that stablecoins are expected to address cost and efficiency issues in cross-border payments, remittances, and B2B payments in Africa.