The post Tether Partners with HoneyCoin to Boost Stablecoin Adoption in Africa appeared on BitcoinEthereumNews.com. Tony Kim Dec 09, 2025 14:44 Tether and HoneyCoin collaborate to enhance stablecoin access in Africa, addressing financial inclusion and cross-border transaction challenges through innovative solutions. Tether, a leading entity in the digital asset sector, has joined forces with HoneyCoin, a burgeoning fintech platform in Africa, to bolster access to stablecoins across the continent. The strategic collaboration aims to tackle financial inclusivity and cross-border transaction challenges, according to Tether. Enhancing Financial Transactions with USD₮ HoneyCoin is set to launch a cashless point-of-sale (POS) platform that facilitates USD₮ payments, allowing merchants to directly accept stablecoins during checkout. This initiative not only expands payment options for consumers but also enhances sales and convenience for merchants. The integration of USD₮ into HoneyCoin’s ecosystem seeks to streamline both online and in-person transactions across Africa, reducing costs and fostering trade. Addressing Economic Challenges Many African economies grapple with currency volatility and inflation, alongside limited banking access. Stablecoins present a viable alternative, offering price certainty and reduced transaction friction. The collaboration will introduce stablecoin payments in-store across Kenya, empowering merchants to engage in international transactions more efficiently. The initiative will further develop infrastructure for QR code payments, real-time foreign exchange conversion from Kenyan Shillings (KES) to USD₮, and merchant dashboards, advancing Africa’s payment ecosystem. Rising Cryptocurrency Adoption Cryptocurrency usage in Africa is on the rise, with the region receiving over $205 billion in on-chain value between July 2024 and June 2025. This represents a 52% increase from the previous year, making it the third fastest-growing region globally. The trend is closely linked to ongoing financial inclusion challenges, with many individuals remaining unbanked or underbanked, thus turning to alternative financial technologies. Industry Leaders’ Perspectives Paolo Ardoino, CEO of Tether, emphasized the importance of financial inclusion, stating, “We want individuals… The post Tether Partners with HoneyCoin to Boost Stablecoin Adoption in Africa appeared on BitcoinEthereumNews.com. Tony Kim Dec 09, 2025 14:44 Tether and HoneyCoin collaborate to enhance stablecoin access in Africa, addressing financial inclusion and cross-border transaction challenges through innovative solutions. Tether, a leading entity in the digital asset sector, has joined forces with HoneyCoin, a burgeoning fintech platform in Africa, to bolster access to stablecoins across the continent. The strategic collaboration aims to tackle financial inclusivity and cross-border transaction challenges, according to Tether. Enhancing Financial Transactions with USD₮ HoneyCoin is set to launch a cashless point-of-sale (POS) platform that facilitates USD₮ payments, allowing merchants to directly accept stablecoins during checkout. This initiative not only expands payment options for consumers but also enhances sales and convenience for merchants. The integration of USD₮ into HoneyCoin’s ecosystem seeks to streamline both online and in-person transactions across Africa, reducing costs and fostering trade. Addressing Economic Challenges Many African economies grapple with currency volatility and inflation, alongside limited banking access. Stablecoins present a viable alternative, offering price certainty and reduced transaction friction. The collaboration will introduce stablecoin payments in-store across Kenya, empowering merchants to engage in international transactions more efficiently. The initiative will further develop infrastructure for QR code payments, real-time foreign exchange conversion from Kenyan Shillings (KES) to USD₮, and merchant dashboards, advancing Africa’s payment ecosystem. Rising Cryptocurrency Adoption Cryptocurrency usage in Africa is on the rise, with the region receiving over $205 billion in on-chain value between July 2024 and June 2025. This represents a 52% increase from the previous year, making it the third fastest-growing region globally. The trend is closely linked to ongoing financial inclusion challenges, with many individuals remaining unbanked or underbanked, thus turning to alternative financial technologies. Industry Leaders’ Perspectives Paolo Ardoino, CEO of Tether, emphasized the importance of financial inclusion, stating, “We want individuals…