Aptos Powers Juicyway’s Cross-Border Payments Across Africa with $3B in Volume

APT-3.46%
PACT-10.16%
PYUSD-0.01%

  • Juicyway picked Aptos for cross-border settlements after processing over $3 billion in transaction volume across Africa.
  • Aptos enables Juicyway to settle payments in seconds with stablecoins and lower costs than traditional banking networks.

Aptos has become the settlement infrastructure for Juicyway’s cross-border payments and treasury operations across Africa and other markets. Juicyway, a payments platform that has processed more than $3 billion in transaction volume, said the integration will help it move capital across borders in seconds and at a lower cost than traditional banking rails. The move centers on stablecoin settlement. Juicyway said the new setup reduces delays linked to fragmented banking systems, high transfer fees, and multiple intermediaries. The integration will facilitate treasury management and money flows of businesses in various markets in Africa.

Scaling beyond $3B in processed transaction volume, @juicywayhq chose Aptos to power cross-border settlements across Africa.

Juicyway can now move capital across borders & markets in seconds at a fraction of the cost of traditional banking networks:https://t.co/pW74Lw66WC

— Aptos (@Aptos) March 2, 2026

Africa usually experiences extended settlement periods and unnecessary expenses in cross-border payments, with volatile currency exchange rates and liquidity shortages limiting enterprise users.   Additionally, the integration includes on-ramp and off-ramp connections as well as compliance workflows. Such features facilitate transactions in controlled markets where payment providers have to comply with local demands.  Ife Johnson, Vice President of Engineering and Product at Juicyway, said

We integrated Aptos because it’s the most efficient settlement infrastructure available for our use case. This allows African businesses to move capital faster, with more certainty, and without being exposed to legacy banking friction.

Previously, CNF outlined that PACT migrated to Aptos to expand its on-chain credit services for the $300 trillion global credit market. PACT has processed nearly $2 billion in on-chain loans, with more than $600 million in active credit on the network. Aptos Expands Role in Stablecoin Settlement Network Juicyway joins a list of payment and remittance firms that have already integrated Aptos for settlement. Yellow Card, Coins.ph, Bitso, SpherePay, and PayPal USD are among the platforms connected to its network. These firms operate across Africa, Latin America, and Southeast Asia, where demand for faster and lower-cost payments continues to grow. Last year, Aptos became the Move-based launch partner for PayPal’s PYUSD stablecoin, supporting its expansion into a multi-chain model. Aptos has also been building its stablecoin ecosystem. The network recently reached an all-time high of $1.9 billion in circulating stablecoin supply. That growth has come from both native stablecoin integrations and broader issuer activity across the chain. USDT and USDC remain central to that expansion. Aptos said USDT supply on the network has grown sharply since its launch in October 2024 and is nearing $1 billion. USDC supply is also approaching $300 million, adding to the network’s available dollar-based liquidity for payments and settlement. Beyond those assets, Aptos also supports USDe from Ethena, USDG0 from Paxos, USDY from Ondo Finance, and USD1 from World Liberty Financial. This range gives payment providers more options when building services tied to cross-border transfers and treasury operations.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Japanese Payment Giant PayPay Surges 15.6% on Nasdaq IPO Debut, Market Cap Reaches $12.37 Billion

SoftBank-backed Japanese cashless payment company PayPay went public on Nasdaq on March 13, with its stock price rising 15.6% on the first day of IPO, reaching a market cap of $12.37 billion. PayPay has 70 million users and is promoting the combination of digital payments and cryptocurrency through acquiring stakes in cryptocurrency exchanges.

GateNews1h ago

Zama and GSR Complete First Confidential OTC Transaction on Ethereum, Achieving On-Chain Sensitive Data Encryption Protection

Gate News reports that on March 12, Zama and crypto market maker GSR announced that they have completed the first confidential over-the-counter transaction on Ethereum based on the Zama protocol. The transaction achieved encrypted protection of sensitive data such as transaction size and fund flows on the public blockchain. Zama stated that the transaction aims to eliminate "privacy loopholes" for institutional participants caused by on-chain data transparency. Through fully homomorphic encryption (FHE) technology, transaction details remain encrypted on-chain while ensuring transaction verifiability and settlement finality.

GateNews3h ago

UXUY Partners with Flap to Launch PumpAI, an AI Agent Autonomous Launch Platform

UXUY and Flap Reach Strategic Partnership, Focusing on AI Agent Asset Ecosystem, Launching PumpAI Platform to Enable AI Agent Autonomous Token Issuance. AI Agents Possess Sharp Market Insights, Supporting Trading Tax Decision-Making and Diversified Distribution, Driving Community Development. Founder Kevin Emphasizes the Important Transformation and Innovation Potential of AI Agents in On-Chain Ecosystems.

GateNews3h ago

Puffer collaborates with Anchorage Digital to offer pufETH services to institutional investors

Gate News reported that on March 12, Puffer has reached a partnership with Anchorage Digital to provide pufETH exposure to institutional investors. This collaboration aims to leverage Anchorage Digital's institutional-grade custody and infrastructure capabilities to enable institutions to access the Puffer ecosystem and its liquid staking products more conveniently.

GateNews3h ago

Chainlink Expands on Solana With Jupiter Prediction Market Integration

Jupiter has plugged in Chainlink’s Data Streams for its 5-minute and 15-minute prediction markets on Solana. While Jup Predict now relies on Data Streams for its short-duration crypto markets, Jupiter has not added Chainlink to its wider DeFi protocol. Chainlink has announced a new

CryptoNewsFlash4h ago

MoonPay will provide XO Cash stablecoin rewards to athletes participating in the X Games league draft.

Gate News, on March 12, MoonPay announced it will provide stablecoin signing bonuses to X Games league draft athletes. According to the cooperation plan, 40 athletes will receive a one-time reward of 2500 US dollars in XO Cash. XO Cash is provided by crypto wallet provider

GateNews4h ago
Comment
0/400
No comments