By Stacy Boit,
Cirle in partnership with Sasai Fintech will explore practical applications for USDC and how Circle’s full stack platform can support reducing costs, frictions and settlement time for Sasai’s enterprise and consumer customers.
Newyork ,Circle Internet Group (NYSE: CRCL) has announced a collaboration with Sasai Fintech (a Cassava Technologies business) to accelerate USDC adoption across Africa. This partnership aims to expand internet-native financial infrastructure using Circle’s regulated stablecoin, which is redeemable 1:1 for U.S. dollars, to power programmable payments across the continent
NEW YORK — Circle Internet Group (NYSE: CRCL) has announced a collaboration with Sasai Fintech (a Cassava Technologies business) to accelerate USDC adoption across Africa. This partnership aims to expand internet-native financial infrastructure using Circle’s regulated stablecoin, which is redeemable 1:1 for U.S. dollars, to power programmable payments across the continent
Stablecoin use in Africa is growing rapidly, driven by mobile-first consumers, cross-border commerce, and a rapidly expanding digital economy. Together, Circle and Sasai Fintech will explore practical applications for USDC and how Circle’s full stack platform can support reducing costs, frictions and settlement time for Sasai’s enterprise and consumer customers.
Sasai Fintech provides a unified suite for business payments, cross-border transfers, and mobile wallets across key corridors. Integrating USDC and Circle’s on-chain infrastructure will seamlessly connect Sasai’s African users to the global financial system.
”Africa’s digital economy is entering a new era, propelled by entrepreneurship, a mobile-first generation, and the acceleration of intra-regional trade,” said Strive Masiyiwa, Founder and Executive Chairman at Cassava Technologies. “By integrating with the trusted and widely adopted USDC network, we can drive financial inclusion and open transformative opportunities for businesses and consumers alike.”
“Africa is a major opportunity for stablecoin innovation,” said Circle CEO Jeremy Allaire. “By working with Cassava, we’re extending USDC and on-chain infrastructure into high-growth corridors to provide always on global connectivity.”
