...

Paga Partners with Crossmint to Accelerate Stablecoin Adoption and Cross-Border Payments Across Africa

Esther Speak - Senior Reporter at Villpress
2 Min Read
Add us on Google
Add as preferred source on Google

Paga Group Ltd has announced a strategic partnership with Crossmint to accelerate the adoption of stablecoins across Africa and strengthen the connection between the continent’s local payment systems and global financial infrastructure.

The collaboration will integrate Paga Engine’s local fiat on-ramps and off-ramps into Crossmint’s global enterprise payout network. At the same time, the two companies will leverage Crossmint’s infrastructure to deploy next-generation stablecoin wallets for both consumers and agents.

Through this partnership, Paga and Crossmint are building a seamless bi-directional payment bridge that delivers several key benefits:

  • Easier access to local payment acceptance and global settlement
  • Secure, programmable smart contract wallets
  • Chain-agnostic infrastructure for builders and developers
  • A simpler and more seamless experience for everyday users

The integration aims to make stablecoin transactions more practical and accessible for African users while enabling businesses and developers to tap into global liquidity with reduced friction.

Paga, one of Africa’s leading fintech companies known for its extensive agent network and digital payment solutions, sees this partnership as a major step toward building the future rails for money movement on the continent. By combining its deep local market expertise with Crossmint’s blockchain and stablecoin capabilities, the alliance is positioned to drive meaningful progress in digital finance adoption.

The partnership reflects the growing momentum of stablecoins as a solution for cross-border payments, remittances, and enterprise payouts in Africa, where traditional banking infrastructure can be slow and expensive.

Paga emphasised that this collaboration aligns with its long-term mission of expanding financial access, reducing friction in money movement, and enabling greater financial mobility across Africa.

This latest development adds to the increasing number of high-profile blockchain and stablecoin initiatives targeting the African market, as fintech companies seek to bridge traditional finance with decentralised technologies.

The full partnership is now active, with both companies expected to roll out enhanced stablecoin features and wallet solutions in the coming months.

TAGGED:
Share This Article
Esther Speak - Senior Reporter at Villpress
Senior Reporter
Follow:

Ester Speaks is a senior reporter and newsroom strategist at Villpress, where she shapes Africa-focused business, technology, and policy coverage.  She works at the intersection of journalism, and editorial systems, producing clear, high-impact news that travels globally while staying rooted in African realities.

notification icon

We want to send you notifications for the newest news and updates.

Seraphinite AcceleratorBannerText_Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.