Disrupt Africa
Afrika2063
June 29, 2026
Imported
Zug, Switzerland — June 29, 2026. For African PSPs and EMIs handling cross-border B2B settlement, correspondent banking has become a structural drag. SWIFT settlement windows run T+3 to T+5. Cumulative fees hit 3% to 7% across intermediary banks. Working capit
Zug, Switzerland — June 29, 2026. For African PSPs and EMIs handling cross-border B2B settlement, correspondent banking has become a structural drag. SWIFT settlement windows run T+3 to T+5. Cumulative fees hit 3% to 7% across intermediary banks. Working capital sits tied up in days-long FX exposure. These are now line items PSPs measure against [...]
The post African Payment Providers Bypass SWIFT for Stablecoin Settlement appeared first on Disrupt Africa.
FutureAfrica Intel is still analyzing the broader relevance of this story.
Agenda 2063 Relevance
Auto-inferred · Africa's Long-Term Development Framework
45%
relevance
Relevant Aspirations
Impact Areas
SOURCE
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