Canza Finance, Arbitrum and Tevau launched a Visa card flow that lets African traders settle in USDT0 and spend globally, aiming to cut fees and delays.
Canza Finance announced a collaboration with Arbitrum and Tevau to support end-to-end USDT0 “recharge” and Visa card spending for traders and SMEs.
USDT0 is a stablecoin, a crypto token designed to track the US dollar price. The idea is to let a merchant settle a cross-border payment in USDT0, then load that balance onto a Tevau-issued Visa card and pay at any Visa-accepting merchant.
The partners are positioning this as an alternative to correspondent banking, the network banks use to move money across borders. In many African corridors, SMEs can face cross-border payment fees of 3% to 8%, multi-day confirmation times, and FX spreads, which is the hidden cost from poor exchange rates.
Canza says its payment protocol already routes stablecoin liquidity across corridors including Nigeria, Kenya, and Ghana. With the new channel, that liquidity can be spent through card rails after settling on Arbitrum, a blockchain network used to process transactions.
If the integration works as described, it connects stablecoin settlement to everyday card payments, including in-person point-of-sale terminals. That matters for informal traders and SMEs who need predictable costs and faster confirmation for imports and inventory.
It also shows how stablecoins are being packaged into familiar payment tools like Visa cards. For Arbitrum, the pitch is more “real economy” transaction volume. For Tevau, it is a way into Africa’s fast-growing digital payments market.
The companies said the initial phase focuses on USDT0 top-ups to Tevau cards via Arbitrum. Longer term, they plan to expand the settlement and spending loop so more cross-border flows routed through Canza can be spent directly.
Primary Source: BBX
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