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

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 […]