Visa, M-PESA Africa and Onafriq Launch Stablecoin Pilot in DR Congo

A new partnership involving Visa, M-PESA Africa and Onafriq is set to pilot the use of stablecoins for cross-border mobile money transactions in the Democratic Republic of the Congo. The initiative aims to transform international payments by using blockchain-backed digital currency to facilitate faster and more affordable cross-border settlements. The pilot is designed to address longstanding challenges associated with traditional banking corridors, which are often characterized by high transact