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New B2B payment corridor using stablecoins to link Middle East and Africa launched in pilot phase

Market News
28 Sep 2026
Tokenpost
View Source
Bullish
New B2B payment corridor using stablecoins to link Middle East and Africa launched in pilot phase

HashKey MENA, Aptos Foundation, and Daya are piloting a regulated business-to-business payment corridor between the Middle East and Africa, starting with Nigeria and other African markets. The system uses stablecoins for transaction settlement while allowing businesses to transact in local currencies, aiming to reduce remittance costs and improve liquidity. HashKey MENA provides fiat on/off-ramps, Daya supplies African payment infrastructure, and Aptos handles blockchain settlement. The pilot will initially support multinational companies with fiat conversions, with a longer-term goal of stablecoins as the main settlement asset for B2B trade corridors.

The pilot of a regulated Africa payment corridor by HashKey, Aptos, and Daya provides context for cryptocurrency market activity. For readers following cryptocurrency, here is Pluang's market snapshot as of Sep 28, 2026 23:32 WIB: out of 50 major cryptocurrencies, 11 rose and 38 fell. Notable movers include COTI at Rp236 with a 1-day change of -9.31% and a typical hold time of 120 days, ONE (Harmony) at Rp44 up 8.74% with a 152-day hold time, and EOS at Rp12,649 up 8.13% with an 87-day hold time.

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