Paga and Crossmint announced a June 10, 2026 partnership to connect Paga’s local rails with multi-chain stablecoin wallets for faster Africa payouts.
Paga Group and Crossmint said they will work together to expand stablecoin payments across Africa. The partnership aims to connect local African money systems to global digital dollar rails.
In practice, Paga will plug its local payment rails, including Paga Engine, into Crossmint’s enterprise payout network. A payout network is the plumbing businesses use to send money to many recipients at once, like salary payments or contractor payouts. This should let Crossmint customers send and receive local African currencies, while using stablecoins for settlement.
Crossmint will also power parts of Paga’s planned “digital dollars,” cards, and U.S. accounts offering for Nigerians. Stablecoins are crypto tokens designed to track a currency like the U.S. dollar, so their price moves less than typical cryptocurrencies.
The companies said the system is multi-chain, meaning it can run across many blockchains instead of being locked to one. Crossmint said it supports more than 50 blockchains, including Ethereum, Solana, Polygon, Stellar, and Sui.
Paga also said it will adopt smart contract wallets via Crossmint. Smart contract wallets are wallets controlled by code on a blockchain, so they can enforce rules like spending limits or multi-party approvals without a human in the middle.
For enterprises, this partnership could simplify Africa payouts by combining stablecoin settlement with local currency delivery. That matters in markets where cross-border transfers are slow, expensive, or hard to route.
For African developers, a single API that abstracts blockchain complexity could reduce the work needed to build stablecoin-native products. An API is a standard way for software systems to talk to each other, like a plug that fits many devices.
For users and agents, Paga and Crossmint are pitching a Web2-like experience with on-chain controls in the background. If execution matches the promise, it could push more stablecoin usage into everyday payments and business flows.
Paga said it processed 169 million transactions worth over ₦17 trillion in 2025. It also said its infrastructure powers more than 300 businesses, including LemFi and Verto.
Primary Source: Paga
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