Visa, M-Pesa, and Onafriq Launch Stablecoin Pilot for Cross-Border Mobile Payments in DRC
By
Terence Zimwara
Summary
Visa, M-Pesa, and Onafriq have launched a pilot program in the Democratic Republic of Congo using US dollar-pegged stablecoins to settle cross-border mobile transactions. The initiative tests whether blockchain-powered digital assets can make international mobile money transfers faster and cheaper across Africa, combining traditional mobile money infrastructure with cryptocurrency settlement.
Source
bskyVisa, M-Pesa, and Onafriq Launch Stablecoin Pilot for Cross-Border Mobile Payments in DRCnews.bitcoin.comKey quotes
· 2 pulledFinancial services giant Visa, mobile money platform M-Pesa, and pan-African payments network Onafriq have launched a pilot program using stablecoins to settle cross-border mobile transactions in the Democratic Republic of Congo (DRC), according to industry reports.
The initiative marks the latest push by major financial players to test whether blockchain-powered digital assets can make internat
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