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StanChart Summit, Yellow Card Advance Stablecoin Push

7 entriesWed, Jun 24 – Fri, Jul 3Fintech & Payments

Timeline

  1. Fri, Jul 3LatestUnverified — not yet reviewed

    M-Pesa launches stablecoin pilot with Visa and Onafriq in DRC

    M-Pesa has entered a stablecoin pilot in the Democratic Republic of Congo in partnership with Visa and Onafriq, bringing a major mobile money operator into Africa's expanding stablecoin payments infrastructure. The development extends the competitive stablecoin landscape that already includes MiniPay, Daya, Yellow Card, and Stabyl, and signals the direction of mobile money product innovation across the continent.

  2. Mon, Jun 29Unverified — not yet reviewed

    African payment providers bypass SWIFT via stablecoin settlement

    African payment service providers are actively bypassing SWIFT for cross-border settlement by adopting stablecoin rails, reducing transaction costs and settlement times. The trend is directly relevant to Ghanaian PSPs managing cross-border settlement costs and aligns with the clustering of stablecoin infrastructure capital and regulatory activity observed across the week.

  3. Sat, Jun 27Unverified — not yet reviewed

    Standard Chartered Ghana retail sale debate raises indigenous ownership question

    Ghanaian financial sector figure Paa Kwesi Nduom has publicly backed indigenous Ghanaian ownership as the preferred outcome if Standard Chartered proceeds with the sale of its Ghana retail banking business. The position adds organised local stakeholder advocacy to an ownership transition debate with direct implications for banking sector concentration and fintech partnership structures. The outcome of any sale process would reshape the competitive landscape for financial services distribution in Ghana.

  4. Fri, Jun 26Unverified — not yet reviewed

    MiniPay pushes stablecoins into everyday African commerce

    Opera-backed MiniPay is actively pursuing a strategy to make stablecoins a medium of everyday commerce in Africa, moving beyond peer-to-peer transfers into merchant payment use cases. The initiative adds a large-scale consumer-facing operator to an increasingly competitive African stablecoin payments landscape that already includes Daya, Yellow Card, and Ivorypay. The pivot signals a maturing African crypto-payments market where stablecoins are transitioning from savings instruments to active transaction rails.

  5. Fri, Jun 26Unverified — not yet reviewed

    Daya raises $2.4M and Nigeria pushes non-dollar African trade settlement

    Nigeria has articulated a formal policy position seeking to settle African trade without dollar conversions, providing sovereign-level demand validation for stablecoin and multi-currency cross-border payment infrastructure. Return founder Tomiwa Lasebikan has simultaneously raised $2.4 million for stablecoin startup Daya, targeting African cross-border payment rails. Together the policy signal and the funding event reinforce the structural investment case for non-dollar African payment infrastructure.

  6. Thu, Jun 25Unverified — not yet reviewed

    Daya raises $2.4M for Africa stablecoin payment rails

    Alliance-backed fintech Daya has raised $2.4 million to build stablecoin payment rails in Africa, entering a market where Yellow Card recently secured Swiss regulatory approval and Standard Chartered hosted a digital assets summit in Accra. The raise intensifies competition in Africa's stablecoin payments infrastructure alongside Ivorypay's X402 machine-to-machine launch. For Ghana and West Africa investors, the clustering of capital and regulatory activity around stablecoin rails signals a structurally important payments layer forming rapidly.

  7. Wed, Jun 24Unverified — not yet reviewed

    StanChart Accra digital assets summit and Yellow Card Swiss licence advance stablecoin infrastructure

    Standard Chartered hosted an inaugural digital assets summit in Accra, signalling institutional-level engagement with stablecoin payments infrastructure in Ghana, while Yellow Card secured Swiss regulatory approval to bolster its B2B stablecoin network across Africa. Together the moves indicate that African stablecoin infrastructure is attracting both global bank attention and cross-jurisdictional regulatory credibility simultaneously.