Aptos and Yellow Card have launched a gas-free stablecoin transfer service in over 20 African countries, enabling instant USDT and USDC transactions without network fees. The partnership targets financial inclusion by addressing the needs of underserved populations, particularly for cross-border remittances and small business payments. Aptos covers all gas fees through its ‘gas-sponsored onboarding’ feature, making the service highly accessible. Stablecoins like USDT and USDC are gaining traction in Africa due to their stability amid local currency volatility. Aptos is also expanding its global payment ambitions, with recent developments like Panora Flows enhancing interoperability. Beyond finance, Aptos is venturing into public health through investments like Universal Health Token. Meanwhile, Aptos’ native token APT has seen a slight decline in price.
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Generated 0 posts last week How Africa Uses Blockchain to Solve Real-World Problems
As Western markets focus on crypto speculation and regulation, Africa is pioneering blockchain adoption to address real-world challenges. Kevin Imani of StarkWare’s Africa Venture Studio highlights how communities use decentralized tech for financial stability, energy access, and internet connectivity. Early adoption in countries like Kenya and Nigeria was driven by necessity, with students and entrepreneurs embracing blockchain long before it went mainstream. This grassroots movement showcases crypto’s potential beyond trading—empowering unbanked populations and fostering innovation where traditional systems fall short.
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