Aptos Foundation, HashKey MENA and Daya to build regulated stablecoin corridor between Middle East and Africa
- —Average remittance fee for a $200 transfer to Sub-Saharan Africa is 7.9%, or nearly $16
- —79% of users in top African markets hold stablecoins
- —Africa received over $205 billion in on-chain stablecoin value from July 2024 to June 2025
- —Stablecoin activity on Aptos grew from $649 million to over $1.9 billion
Why it matters: The pilot creates a compliant corporate channel for stablecoin settlement in a high-cost remittance region and could expand demand for USDC and the Aptos network.
Source: Crypto Briefing