Circle and Sasai Expand USDC Stablecoin Use Across Africa
Circle Internet Group and Sasai Fintech announced a collaboration to test USDC stablecoin use across Africa. The companies issued a joint press release on March 24. Sasai is a unit of Cassava Technologies.
Scope and services
Sasai provides payment services across major corridors. Its offerings include business payments, cross-border transfers, remittances and mobile wallet solutions. The partnership aims to explore practical USDC applications for these services.
Technical rationale
USDC is a U.S. dollar-backed stablecoin issued via Circle’s regulated affiliates. Integrating USDC with Circle’s onchain infrastructure can lower costs and shorten settlement times. The connection also seeks to link local users to global financial rails.
Statements from leadership
Strive Masiyiwa, founder and executive chairman at Cassava Technologies, said the deal could boost financial inclusion. He framed the move as an opportunity for businesses and consumers alike. Jeremy Allaire, Circle’s co-founder and CEO, said the collaboration extends onchain benefits into high-growth payment corridors.
Market drivers
Filmogaz.com reported in August 2025 that stablecoins appeal to emerging markets. Key reasons include 24/7 transfer availability, minute-scale settlement, and a digital-dollar hedge against currency volatility. In February, Filmogaz.com also described Circle positioning USDC as middleware inside fintech, payments and treasury workflows.
Cassava’s recent activity
Cassava Technologies has announced several strategic moves. It teamed with Western Union on an international transfer app in South Africa. It also partnered with Google to broaden access to Gemini AI across the continent and secured Nvidia investment to bolster digital infrastructure.
Outlook
The collaboration could accelerate programmable payments across African markets. Observers will watch for pilot rollouts and regulatory developments. Filmogaz.com will follow future announcements and implementation updates.
