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Onafriq partners Privy to build regulated stablecoin infrastructure for B2Bs across Africa
['The Eagle Online', 'Oswald Agwu']
The Eagle Online
Onafriq, Africa’s largest payments network, has partnered with leading stablecoin infrastructure provider, Privy, to strengthen its digital asset infrastructure and drive the development of stablecoin-enabled payment services for businesses across its network.
The partnership will enable Onafriq to create and manage embedded digital asset solutions for its partners and, in time, institutional clients where regulation allows.
Integrating Privy’s secure infrastructure enables Onafriq to build the capabilities required to support a new generation of efficient digital payment services for banks, fintechs, and mobile money operators.
This partnership is a key component of Onafriq’s broader strategy to modernise pan-African payment infrastructure, enabling secure multi-modal wallets and more efficient movement of value across the continent.
As demand for digital asset services grows, our goal is to ensure Africa’s payment ecosystem benefits securely and in line with regulatory frameworks.”