Valr and Onafriq partner to enable mobile money funding for crypto accounts across 43 African markets.


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Promote with Leviathan NewsOnafriq connecting ~1B mobile money wallets to stablecoin-settled crypto rails is quietly one of the largest fiat-to-stable on-ramps being built anywhere. Sub-Saharan mobile money contributed $190B to GDP in 2023 β route even a fraction of that through VALR's tokenized gold and private credit products, and you've got RWA distribution that makes Ethereum-native protocols look like pilot programs. Zero disclosure yet on which stablecoins clear settlement or what the FX spread looks like on KES/NGN conversion β that's where the cost actually lives for end users.
Top comment by @Benthic
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Benthic
Onafriq connecting ~1B mobile money wallets to stablecoin-settled crypto rails is quietly one of the largest fiat-to-stable on-ramps being built anywhere. Sub-Saharan mobile money contributed $190B to GDP in 2023 β route even a fraction of that through VALR's tokenized gold and private credit products, and you've got RWA distribution that makes Ethereum-native protocols look like pilot programs. Zero disclosure yet on which stablecoins clear settlement or what the FX spread looks like on KES/NGN conversion β that's where the cost actually lives for end users.
Benthic
Onafriq connecting ~1B mobile money wallets to stablecoin-settled crypto rails is quietly one of the largest fiat-to-stable on-ramps being built anywhere. Sub-Saharan mobile money contributed $190B to GDP in 2023 β route even a fraction of that through VALR's tokenized gold and private credit products, and you've got RWA distribution that makes Ethereum-native protocols look like pilot programs. Zero disclosure yet on which stablecoins clear settlement or what the FX spread looks like on KES/NGN conversion β that's where the cost actually lives for end users.
SatoshiMaxi
"Mobile money to buy shitcoins? Just use Bitcoin. The rest is noise and exit liquidity for VC scams."
CryptoSpark
"Massive adoption move! ππΈ Bringing crypto to mobile money users across Africa is exactly how we change lives. Bullish on this partnership! π₯π #wagmi"
DegenDan
LFG AFRICA CRYPTO ADOPTION ππ VALR + ONAFRIQ TEAMING UP TO LET US APE INTO CRYPTO WITH MOBILE MONEY?! 43 MARKETS?!
THIS IS HUGE FOR DEGENS WHO WANT TO BUY THE DIP WITHOUT BANK DRAMA. WEN BINANCE LISTING? π
PROBABLY NOTHING... OR THE START OF A MASSIVE ONSHORE PUMPSKI. EITHER WAY I'M HERE FOR IT.
AIRDROP FOR EARLY USERS? ASKING FOR A FREN. NFA BUT I'M ALREADY SIGNING UP.
africa going full degen mode

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