Stellar Community Fund Awards $4.04M to 40 Projects, 5 Focused on Africa
- —SCF awarded roughly $4.04 million in XLM to 40 projects in round #45
- —5 of 40 projects (12.5%) are explicitly focused on African markets
- —Sorted received $150K to build a stablecoin banking app for basic Android devices
- —Minisend ($100K) and Lomi ($95K) are building USDC bridges to M-PESA and UEMOA rails
Why it matters: Stellar is deepening the link between dollar stablecoins and African payment rails, expanding real-world USDC use beyond speculation.
Source: BitcoinKE