Aptos and the Stablecoin Revolution in Africa

At the Stablecoin Leadership Breakfast in Lagos on October 6, 2025, Benjamin Ajibola, Community Lead at Aptos Africa, joined industry leaders and policymakers to discuss how stablecoins are reshaping Africa’s financial future.

Benjamin described stablecoins as “the new dollar of the digital age”, emphasizing their potential to bridge Africa’s financial divide. With $50B+ in annual remittances and fees reaching up to 9%, stablecoins could enable cheaper, faster, and borderless transactions across the continent.

Aptos’ Role in the Transformation

Aptos provides the underlying infrastructure driving this change:

  • Supports major stablecoins like USDC, USDT, PYUSD, and USD1
  • Enables cross-chain transfers through Circle’s CCTP
  • Offers sub-second finality and 100K+ TPS
  • Partners with local fintechs such as Yellow Card to support gasless transactions

Building Locally for Global Impact

Aptos Africa continues to drive developer education through University Tours, Move Bootcamps, and Founder Programs in Nigeria, Kenya, and Ghana empowering local builders to create real-world financial tools powered by stablecoins.

Adoption Momentum

  • 300% growth in tokenized assets
  • 700% increase in total value locked
  • 4000% surge in stablecoin volume

The discussion in Lagos underscored one clear message Africa isn’t just adopting stablecoins; it’s shaping their global future.

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