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STABLECOINS | Tether ($USDT) Reports $13 Billion Profits for 2024 and All-Time Highs in U.S. Treasury Holdings
Tether reported a record $13 billion profit in 2024, bolstered by a $113 billion U.S. Treasury portfolio and $45 billion in USDT issued. The company's growth highlights its significant role in the digital asset space, especially in emerging markets.
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RECAP 2025 | Líder estadounidense en VC, a16z, captó más del 18% de todos los dólares de VC en EE. UU., dice que la IA y las criptomonedas son clave
Andreessen Horowitz ha recaudado más de $15 mil millones para apoyar tecnologías clave para el futuro de Estados Unidos, centrándose en IA y criptomonedas para mantener el liderazgo de EE. UU. La firma busca invertir en startups innovadoras mientras integra estas tecnologías en diversos sectores.
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FINTECH AFRICA | How Digital Payment Systems Like PayShap Are Driving the Cashless Economy in South Africa
The South African Reserve Bank's Digital Payments Roadmap reveals a shift towards cashless payments post-pandemic, with increasing adoption of PayShap among consumers. Factors driving this change include distrust in banks, rising transaction costs, and the need for instant, convenient payment solutions.
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LIST | Here Are the 5 African Projects Selected in the June 2025 Grants Round by Circle ($USDC)
In a major nod to Africa’s rising crypto innovation scene, Circle has awarded grants to five African blockchain projects in the fourth cohort of its USDC Developer Grants Program. The announcement marks the region’s best performance yet in the program, which has now funded over 60 teams globally sin
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FINTECH AFRICA | NALA, One of Africa’s Leading Fintechs with Over 1 Million Active Users, is Building an On-Off-Ramp for Stablecoins
NALA, currently one of the most successful fintechs across Africa, has disclosed that it is building infrastructure for on-and-offramp for stablecoins and fiat conversions for its customers.
While announcing record revenue for its payment platform, Rafiki, NALA CEO, Benjamin Fernandes, said the
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REGULATION | Google to Allow Advertising for Cryptocurrency Shares and Trusts From February 2024
Starting January 29, 2024, Google will allow ads for U.S. 'Cryptocurrency Coin Trusts,' defined as investment products holding digital currency reserves. These trusts must register with the SEC and undergo certification.
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REPORT | Africa Anticipated to Maintain Double-Digital Growth Rates, Says the Latest 2023 Global Payments Report by Boston Consulting Group
Africa is emerging as the focal point of remarkable expansion, and is anticipated to evolve into the fastest-growing fintech market from 2023 to 2030.
Recent findings from the 21st annual Global Payments Report by Boston Consulting Group (BCG) indicate that global payments revenues experienced a re
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