Stablecoins: A key infrastructure for the African market
According to USDC’s product lead, more fiat-pegged stablecoins are needed to enable easy access to FX.
DeFi
DeFi protocol Goldfinch demos a self-custody solution that simplifies crypto UX
The project, which has offered loans to African businesses, sees bad UX as a major hurdle to crypto adoption and sees its passkey demo as the solution.
African DeFi lenders need to partner with traditional institutions to scale, says Jia co-founder
Cheng Cheng, COO and co-founder of DeFi lending platform Jia, believes that support from big financial institutions will help scale DeFi loans in Africa.
Jia CEO Zach Marks: Bridging Africa’s MSMEs financing gap with DeFi lending
Marks’ experience working on expanding financial access in emerging markets enables Jia to support small businesses in Africa.
DeFi lending is taking shape in Africa as Jia raises $4.3 million in funding
The platform has now gone live in Kenya and the Philippines, with sights set on West Africa, Latin America and Asia.
Overall cryptocurrency crime fell with the market, report finds
Blockchain analytics firm Chainalyis has published a study that provides insights into crypto crime activities.
Celo is powering incredible DeFi use cases in Africa amid market turmoil
The blockchain network, designed to host decentralized solutions for financial inclusion, is piloting a DeFi loan program for smallholder farmers in Kenya.