SA’s 80eight processes US$18m monthly as stablecoin demand grows

Source: Tech Trends Kenya By By Nixon Kanali

South African fintech 80eight now processes about US$18 million (R300 million) in transactions each month. The company attributes this to growing demand from businesses for faster and cheaper ways to move money across borders. Founded in 2018, 80eight started out in trading and brokerage. It has since grown into a broader financial platform offering cross-border …

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