Just saw the news from BlockBeats, and it really caught my eye! On December 10th, the public chain Stable and Africa's leading payment application Chipper Cash officially announced their partnership 📣 This move directly targets the pain points of cross-border payments in Africa, leveraging StableChain's technological advantages and Chipper's local traffic, aiming to completely change the current situation where transferring money for Africans is both expensive and slow~
🤔 Why is this called a 'match made in heaven'?
Who understands the pitfalls of cross-border payments in Africa! Traditional bank transfer fees can be as high as 5%-10%, settlements take 3-5 days, and there are often invisible losses in exchange rates. This is very unfriendly to families relying on cross-border remittances and small merchants doing trade 😭