Circle and Sasai Fintech are joining forces to improve financial accessibility and modernize payment infrastructure across African countries using the U.S. dollar-pegged stablecoin USDC.
Circle Internet Group announced a partnership with Sasai Fintech to accelerate USDC adoption and develop digital financial infrastructure across Africa. The collaboration aims to expand access to digital payments and reduce the cost of financial transactions by integrating Circle’s blockchain solutions into Sasai Fintech’s services. Particular focus is placed on cross-border transfers and mobile financial services.
On top of that, as part of the partnership, the companies plan to explore practical use cases for USDC in Africa, including reducing fees, shortening settlement times, and simplifying financial operations for both businesses and individual users.
Sasai Fintech is a pan-African provider of digital payment solutions and part of global technology group Cassava Technologies, which operates in 94 countries and develops a digital services and infrastructure ecosystem. Sasai Fintech plays a key role in advancing financial inclusion in fast-growing and underserved markets.
Sasai Fintech supports major regional cross-border payment corridors and offers a comprehensive range of digital financial services. Its platform enables business payments, international transactions for individuals and money transfer operators, as well as mobile wallets. Integration with Circle’s infrastructure will connect Sasai users to the global financial system through blockchain solutions.
According to Strive Masiyiwa, Founder and Executive Chair at Cassava Technologies, Africa’s digital economy is rapidly growing, driven by entrepreneurship, mobile technologies, and increasing regional trade. He noted that connecting to the USDC network could help expand financial inclusion and create new opportunities for businesses and individuals.
Circle CEO Jeremy Allaire emphasized that emerging markets are becoming key drivers of stablecoin adoption, and Africa represents significant potential for implementing innovative financial solutions. He stated that the partnership with Cassava will expand the use of USDC in fast-growing payment corridors and provide local users with 24/7 access to global financial services.
The global availability of the U.S. dollar-pegged stablecoin USDC recently expanded significantly thanks to initiatives by Mastercard, Visa, Shopify, Ant Group, Klarna, and other industry giants, as well as Circle itself.
