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STABLECOINS | Over Half of the Total $USDT Circulation and a 1/3 of the Total Stablecoin Supply is on the TRON Network
TRON DAO has enhanced its strategic collaboration with Bridge to strengthen its role as a preferred stablecoin settlement layer. This integration improves stablecoin transactions for developers, offering advanced features like fiat on-ramps, seamless interoperability, and simplified wallet support, boosting payment efficiency in emerging markets.
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TRX1.91%
DEFI0.33%
TOKEN‎-4.87%
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FINTECH AFRICA | Nigerian Investment Fintech, Risevest, Acquires Hisa, a Kenyan Investment Fintech Startup
Kenyan investment app Hisa has been acquired by Nigerian company Risevest. Hisa will retain its name and staff, with co-founder Eric Asuma becoming a strategy advisor and Eric Jackson returning as CTO.
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REGULATION | Western Union Signals Strong Move to Offer Crypto Services
Western Union has filed a trademark application for “WUUSD”, signaling a strong move toward digital assets and blockchain-based payment services.
According to the filing, the ‘WUUSD’ trademark covers a wide range of crypto-related activities including:
Digital wallet management
Crypto trading
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SOL0.67%
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FUNDING | South African Fintech, Lesaka, Acquires the Country’s Leading Independent Payments Processor, Adumo, in $85.9 Million Deal
South African fintech firm, Lesaka, which is listed on the Johannesburg Stock Exchange (JSE) and NASDAQ, has acquired Adumo for ZAR1.59 billion ($85.9 million), pending approval from shareholders and regulators.
Adumo, South Africa’s leading independent payments processor, supports around 23,000 ac
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Meta Reportedly Working on a Decentralized Social App, Codenamed P92, that Could Rival Twitter
Meta is developing a new text-based app, code-named P92, leveraging the ActivityPub protocol to compete with Twitter and Mastodon. It will allow Instagram logins and include features like user bios, verification badges, and tappable links.
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LIST | Chumz (Kenya), Oze (Ghana) and Verto (UK) Revealed as Finalists of Milken-Motsepe 2025 Fintech Prize
The Milken Institute and Motsepe Foundation have named three finalist teams for the $2 million Milken-Motsepe Fintech Prize, which encourages financial inclusion for small businesses in emerging markets. Finalists will present their innovative solutions at the 2025 Global Conference in Los Angeles.
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World Mobile to Roll Out Decentralized Wireless Mobile Technology After Successful Tests in Kenya, Mozambique, Nigeria
World Mobile has successfully tested its decentralized wireless technology in Kenya, Mozambique, and Nigeria, moving closer to widespread deployment in Africa. Using TV white space and Starlink, it aims to provide affordable internet access to underserved areas, building on its earlier commercial launch in Zanzibar.
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