Cross-border payments platform Conduit has joined forces with Onafriq to provide stablecoin-powered infrastructure for global payments. The collaboration, announced at the Africa Fintech Summit, aims to enable real-time settlement across multiple African markets by connecting Conduit’s global stablecoin network with Onafriq’s cross-border rails.
Under the agreement, Conduit will link its stablecoin network with Onafriq’s payment rails to improve access to local payment methods for more merchants and support the adoption of digital payments and stablecoin-enabled settlement across African markets. Conduit launched its cross-border stablecoin platform in 2023 and has reported growing demand in Africa, including an 80% increase in African customers transacting on its platform from Q3 to Q4 2025.
Onafriq operates a digital payments network that connects mobile money wallets and bank accounts across more than 40 African countries, and the partnership will enable real-time, interoperable trade across currencies with near-instant, programmable payments. Onafriq will use Conduit’s infrastructure to onramp payments in USDC and manage its global treasury using stablecoins.
The collaboration is designed to lay a foundation for more seamless payments across Africa, reflecting a broader move toward stablecoins as a transformative capability. Luke Khohere, Onafriq Group Chief Product and Innovation Officer, noted that Conduit’s infrastructure will help streamline treasury management through stablecoins and accelerate payouts for customers.
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