New partnership: Circle and Onafriq reduce costs for cross -border payments in Africa with USDC

New partnership: Circle and Onafriq reduce costs for cross -border payments in Africa with USDC
Cost reduction for cross -border payments in Africa through the partnership of Circle and Onafriq
In a newly closed partnership, Circle has come together with Onafriq to reduce the costs for cross -border payments in Africa using USDC. This collaboration is part of circles global strategy to make financial transactions more effective and cost -effective.
The use of USDC, a stable cryptocurrency, offers numerous advantages, especially in regions, where traditional payment methods are often associated with high fees and long processing times. By reducing the costs for cross -border payments, more people can gain access to financial services and promote economic activities in the region.
This initiative could not only benefit individuals, but also companies in Africa by making cross -border payment transactions easier and more efficient. The partnership between Circle and Onafriq helps to strengthen the financial ecosystem in Africa and to promote economic integration in the region.
With this step, Circle pursues the goal of further demonstrating the use of digital currencies in relation to practical applications and economic advantages. The effects of this partnership on the African payment market could be important both short and long-term.