Aptos Foundation, HashKey MENA, and Pan-African startup Daya signed a pilot agreement on June 4 to build regulated B2B stablecoin settlement infrastructure linking the UAE with Africa, starting with Nigeria. According to the World Bank, average remittance fees for $200 transfers to Sub-Saharan Africa reach 7.9%, representing nearly $16 per transaction. Between July 2024 and June 2025, over $205 billion in on-chain stablecoin value flowed into the continent. HashKey MENA brings a VARA license in Dubai while Daya contributes local currency off-ramp infrastructure, with Aptos serving as the Layer 1 settlement blockchain.
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