NEW YORK, United States of America, March 2/APO Group: Circle Internet Group, Inc. (NYSE: CRCL), considered as one of the world’s leading internet financial platform companies, has announced a collaboration between one of its affiliates and Sasai Fintech, a business of Cassava Technologies.
The aim is to accelerate USDC adoption and expand internet-native financial infrastructure across Africa. Issued through Circle’s regulated affiliates, USDC is a fully-reserved, transparent payment stablecoin redeemable 1:1 for U.S. dollars, powering programmable payments and financial applications worldwide.
Stablecoin use in Africa is witnessing swift growth, driven by mobile-first consumers, cross-border commerce, and a rapidly expanding digital economy. Together, Circle and Sasai Fintech will explore practical applications for USDC and how Circle’s full-stack platform can support reducing costs, frictions and settlement time for Sasai’s enterprise and consumer customers.
Sasai Fintech operates across key payment corridors, offering a unified suite of digital financial services that enable business payments, facilitate cross-border transfers for individuals and remittance operators, and deliver innovative mobile wallet solutions.
Through the integration of USDC and Circle’s on-chain infrastructure, these platforms can seamlessly connect users to the global financial system.
“Africa’s digital economy is entering a new era, propelled by entrepreneurship, a mobile-first generation, and the acceleration of intra-regional trade,” commented the Founder and Executive Chairman at Cassava Technologies, Strive Masiyiwa. “By integrating with the trusted and widely adopted USDC network, we can drive financial inclusion and open transformative opportunities for businesses and consumers alike.”
“Emerging markets are at the forefront of stablecoin adoption, and Africa represents a significant opportunity for internet-native innovation,” said the Co-Founder, Chairman, and CEO at Circle. Jeremy Allaire. “Working with Cassava, we can extend the benefits of USDC and on-chain infrastructure into high-growth payment corridors to deliver always-on global connectivity.”
