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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.

Andreessen Horowitz has raised over $15 billion to support key technologies for America's future, focusing on AI and crypto to maintain U.S. leadership. The firm aims to invest in innovative startups while integrating these technologies across various sectors.

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.

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

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

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.

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