New Ripple Collab Powers Cross-Border Payments Between Africa and Key Markets
#Ripple partners with #Onafriq to transform cross-border #payments, offering faster, cost-effective solutions for #Africa and global markets. #XRP #XRPArmy
#Ripple partners with #Onafriq to transform cross-border #payments, offering faster, cost-effective solutions for #Africa and global markets. #XRP #XRPArmy
📈💰 A new report shows that #Bitcoin and #crypto transactions are up by over 10% in #Nigeria and #Uganda. This comes as Africa grapples with rising inflation, pointing to cryptocurrencies as a financial lifeline for many. #Africa #Inflation #Cryptocurrency
Afriex, a cryptocurrency bank for payment remittance, offers faster and less expensive foreign payments for Africans.
South Africa and Ghana are now trialing their own CBDC. Nigeria has formally launched its e-Naira after a successful pilot that ran for months. The Bahamas is the first country in the world to launch its CBDC, followed by Nigeria. More African countries are now trialing their own central bank digital currency (CBDC) following Nigeria’s official launching of its own e-Naira. According to the International Monetary Fund (IMF), at least South Africa and Ghana are hot on the heels of Nigeria. Specifically, the South African Reserve Bank is now running tests with its wholesale CBDC. Financial institutions in the country