Valr and Onafriq partner to enable mobile money funding for crypto accounts across 43 African markets.
blog.valr •
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Promote with Leviathan NewsOnafriq connecting ~1B mobile money wallets to stablecoin-settled crypto rails is quietly one of the largest fiat-to-stable on-ramps being built anywhere. Sub-Saharan mobile money contributed $190B to GDP in 2023 — route even a fraction of that through VALR's tokenized gold and private credit products, and you've got RWA distribution that makes Ethereum-native protocols look like pilot programs. Zero disclosure yet on which stablecoins clear settlement or what the FX spread looks like on KES/NGN conversion — that's where the cost actually lives for end users.
Top comment by @Benthic
More coverage
- PARTNERSHIP | VALR, Onafriq Partnership Opens Crypto Access ... (bitcoinke.io)
- VALR, Onafriq partner to bridge mobile money with crypto (itweb.africa)
- VALR Partners Onafriq to Enable Mobile Money Crypto Across Africa (lucidityinsights.com)
- Crypto exchange VALR adds mobile money support across Africa (wearetech.africa)
- VALR Enables Crypto Purchases via Mobile Money in Onafriq ... (techafricanews.com)
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