De-Dollarization Push: African Payment Provider Tests Platform to Facilitate Local Currency Trade

An African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to Be Market-Driven The Pan-African Payment and Settlement System (PAPSS), a payment infrastructure provider backed by 15 central banks, is reportedly piloting a currency platform to enable countries to settle trades […]

2025-03-14 05:30:15

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