Cross-border payments platform Conduit has partnered with Onafriq to provide stablecoin-powered infrastructure for global payments.

The agreement was announced at the Africa Fintech Summit.

Under the partnership, Conduit will connect its global stablecoin network with Onafriq’s cross-border payment rails.

The companies said the aim is to improve access to local payment methods for more merchants and support the adoption of digital payments and stablecoin-enabled settlement across African markets.

Conduit launched its cross-border stablecoin platform in 2023 and said it has seen increased demand in Africa.

The company reported that the number of African customers transacting on its platform grew by 80% between Q3 and Q4 in 2025.

Onafriq runs a digital payments network that connects mobile money wallets and bank accounts across more than 40 African countries. The new partnership is intended to enable real-time, interoperable trade across African currencies, with near-instant and programmable payments.

Founded in 2010, Onafriq provides cross-border payments, collections, card issuing and processing, agent banking, and FX and treasury services.

Onafriq will use Conduit’s infrastructure to onramp payments in USDC and manage its global treasury using stablecoins.

The companies said the partnership will enable same-day payments into multiple markets, where traditional systems such as SWIFT can take days to settle.

Onafriq Group chief product and innovation officer Luke Khohere said: “Conduit’s infrastructure will help us move toward streamlining our global treasury management through stablecoins and drive faster payouts for our customers.

“Onafriq is focused on building a foundation to power more seamless payments across all of Africa, and we believe stablecoins represent a massive stepchange in what is possible.”

In September last year, Visa partnered with Onafriq to introduce Visa Pay in the Democratic Republic of Congo (DRC).