Credit Bank PLC Partners With Anzens to Pilot USDA Stablecoin in Kenya

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Kenya’s Credit Bank has partnered with Anzens to pilot the USDA stablecoin, potentially becoming the first licensed commercial bank in an emerging market to directly mint and distribute a stablecoin. Key Takeaways: Credit Bank PLC and Anzens launched a pilot to slash cross-border payment fees to a flat 1.5%. Stablecoins now drive 43% of African […]