Circle partners with Cassava Technologies’ Sasai Fintech to integrate its USDC stablecoin into mobile payments across Africa. The move aims to address costly and slow cross-border remittances, where fees can exceed 7%. This expansion comes as USDC gains transactional ground against rival USDT, but amid regulatory uncertainty in the U.S. that recently contributed to a sharp drop in Circle’s stock price.
Circle has partnered with Sasai Fintech, a business of Cassava Technologies, to expand access to its USDC stablecoin in Africa. The integration targets inefficient cross-border payments, which can be slow and carry fees above 7%.
The plan is to bring USDC into Sasai’s existing mobile platform for payments and remittances. This aims to offer a faster, cheaper, and more stable alternative for businesses navigating local currency volatility.
Strive Masiyiwa, Founder and Executive Chairman at Cassava Technologies, stated, “Africa’s digital economy is entering a new era, propelled by entrepreneurship, a mobile-first generation, and the acceleration of intra-regional trade.” Jeremy Allaire, co-founder and CEO at Circle, added that the collaboration would extend the benefits of onchain infrastructure into high-growth payment corridors.
The partnership unfolds as stablecoins handled over $70.2 trillion in transactions in the past year, according to data. While USDT led for most of 2025, USDC has recently caught up and briefly matched its market share.
In the United States, upcoming regulatory proposals like the CLARITY Act are creating investor concerns. Circle’s stock recently fell nearly 20%, closing at $101.17 on March 24th.
