How Stablecoins Are Transforming Remittances and Trade Settlements
Platforms like YoguPay are not just enabling these payments, but they are building an Africa-first infrastructure for cross-border trade...
✨ Key Highlights
Stablecoins such as USDT, USDC, and EURC are revolutionizing cross-border finance by offering fast, affordable remittances and trade settlements, particularly benefiting African businesses. These digital currencies, built on blockchain but backed by fiat, are circumventing the slow and expensive traditional banking systems.
- Remittance fees are reduced from up to 6% to less than 1% of the cost.
- YoguPay is a key platform building Africa-first infrastructure for cross-border trade, offering real-time treasury management for SMEs.
- Businesses can settle deals instantly, reducing risks from currency shifts and eliminating complex intermediary chains, with YoguPay supporting instant conversion between stablecoins and local currencies like shillings, naira, or rand.
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Stablecoins Transform Finance as AI-Powered Attacks and Child Data Risks Surface - September 2025
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