Circle has partnered with Sasai Fintech to expand adoption of its USDC stablecoin across African payment corridors, targeting cross-border transfers, remittances, and digital wallet services.
The collaboration will integrate USDC into Sasai’s existing payments infrastructure, aiming to reduce transaction costs and settlement times across enterprise and consumer transactions.
“Sierra Leone, Uganda, Angola, Botswana, and Zambia are among the economies with the highest transaction costs, all greater than 7% in 2023,”
According to a World Bank June 2025 report.
Sasai, which operates across multiple African markets, will connect its regional payment network with Circle’s onchain infrastructure to enable seamless stablecoin-based transactions.
Circle CEO Jeremy Allaire said the company is focusing on high-growth corridors in emerging markets, while Cassava Technologies chairman Strive Masiyiwa noted the integration could broaden access to digital financial services for businesses and consumers.
USDC is currently the second-largest stablecoin with a market capitalisation of about $78.6 billion, trailing Tether’s USDT at about $184.1 billion, according to DefiLlama data.
Crypto adoption in Sub-Saharan Africa has surged, with over $205 billion in onchain value received in the year to June 2025 led by Nigeria, as demand grows for faster and cheaper alternatives to traditional remittance systems.