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Anzens and Credit Bank partner to explore crypto-based stablecoin settlement for banking in East Africa

Anzens and Credit Bank partner to explore crypto-based stablecoin settlement for banking in East Africa

First commercial bank in East Africa to integrate USDA payments, enabling faster, cheaper and seamless cross-border transactions

Nairobi, Kenya – Anzens, issuer of USDA, a dollar-backed stablecoin enabled by cross- border payments infrastructure, has partnered with Credit Bank PLC, a commercial bank licensed by the Central Bank of Kenya, to explore the integration of its solution into the bank’s services.

The initiative, which is currently in an exploratory phase and remains subject to ongoing engagement with the Central Bank of Kenya, seeks to assess how regulated stablecoin infrastructure could complement existing cross-border payment systems within a licensed banking environment. It reflects a growing interest in…

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