Conduit, a stablecoin infrastructure provider, is partnering with Onafriq, Africa’s largest digital payments network.
The goal is to replace slow, traditional banking rails with blockchain-backed stablecoins to enable instant cross-border transactions across the continent.
How It Works
Conduit integrates its global stablecoin infrastructure directly into Onafriq’s “network of networks.”
- Multi-currency accounts: Businesses can manage global payments via a single platform.
- Hybrid Rails: The system combines blockchain efficiency with traditional banking connectivity.
- Treasury Management: Onafriq will use the tech to streamline its own global liquidity and speed up payouts to customers.
Why It Matters
Traditional cross-border payments in Africa often rely on the SWIFT network, which can take several days and involve high fees.
By leveraging stablecoins, this partnership bypasses legacy systems to offer same-day settlements for a market that is increasingly moving away from physical cash.
By The Numbers
The scale of Onafriq’s network provides Conduit with a massive footprint:
- 1 billion: Mobile money wallets connected.
- 500 million: Bank accounts reached.
- 40+: African countries covered.
- 400,000+: Physical agents in the network.
- 80%: Growth in Conduit’s African customer base between Q3 and Q4 of 2025.
What They’re Saying
“Onafriq is a global poster child for the impact a fintech can have in a developing market… [their impact] can only be amplified by the power and potential of stablecoins.” — Kirill Gertman, founder and CEO of Conduit.
“Conduit’s infrastructure will help us move toward streamlining our global treasury management… and drive faster payouts for our customers.” — Luke Khohere, Onafriq Group Chief Product and Innovation Officer.
Between The Lines
This move signals a shift in how major African fintechs view crypto. Rather than treating stablecoins as a speculative asset, Onafriq is treating them as critical utility infrastructure to solve the “last mile” problem of continental liquidity.
