Wu Says has learned that Arc indicates that in Circle’s first batch of Developer Grant projects in 2026, nearly half of the teams are from Africa or the Global South, covering places such as Lagos, Nairobi, Accra, and Durban. This result was not intentionally arranged; rather, it stems from local teams currently focusing on addressing real-world needs such as cross-border payments, remittances, SMB financing, foreign-exchange conversions, merchant payments, and stablecoin-native banking.

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