SCRYPT Expands Stablecoin Settlement Network Across Four East African Markets
SCRYPT, the operating system for digital assets, announced the expansion of its licensed stablecoin settlement infrastructure across four East African markets, enabling banks, payment providers and corporate treasury teams to move value into and out of the continent in real time. In most African markets, accessing US dollars remains the biggest friction in cross-border payments. Local currencies can be volatile, bank dollar liquidity is often constrained and correspondent banking remains slow an