VALR and Mukuru Partner to Advance USD Stablecoin Savings in Africa

Johannesburg, South Africa, November 17, 2025, Chainwire

• VALR companions with Mukuru to broaden the USD stablecoin infrastructure in South Africa, additional strengthening monetary entry on the continent by way of regulated crypto options

VALR, the most important crypto alternate in Africa by buying and selling quantity, has partnered with Mukuru, a number one monetary providers platform serving greater than 17 million prospects throughout Africa, Asia and Europe, to introduce a USD Coin (USDC) pockets. This partnership offers customers with the infrastructure to entry USDC, a USD-backed stablecoin, supporting broader adoption of different financial savings choices in areas experiencing forex volatility.

The VALR-Mukuru partnership comes in opposition to a backdrop of accelerating curiosity and readability in stablecoin regulation globally, with the GENIUS Act – America’s first main federal laws on stablecoins – set to take impact in July 2025. South Africa’s regulatory framework for crypto belongings has additionally introduced vital readability to the nation, with greater than 200 crypto asset service suppliers licensed since April 2024, strengthening the nation’s position as a hub for crypto innovation. Along with changing into a licensed Crypto Monetary Providers Supplier in 2024, VALR was additionally awarded an Over-The-Counter Derivatives Supplier license by the Monetary Sector Conduct Authority in October 2025, making VALR one of many first recipients of those crypto asset licenses within the nation. VALR dealt with a buying and selling quantity of $9 billion over the previous twelve months.

USDC, the second largest stablecoin on this planet, with a market capitalization of over $75 billion, is performing as an more and more essential retailer of worth in markets with restricted entry to laborious forex. In sub-Saharan Africa, stablecoins characterize 43% of crypto transaction quantity per Chain analysis datawith South Africa and Nigeria main the best way. The VALR-powered USDC Pockets, accessible by way of Mukuru’s WhatsApp platform, permits Mukuru’s thousands and thousands of customers to purchase, maintain and promote USDC, decreasing publicity to native forex fluctuations.

Farzam Ehsani, co-founder and CEO of VALR, mentioned: “VALR is proud to assist Mukuru with the crypto infrastructure wanted to launch this providing. This partnership is a profound step towards realizing our shared imaginative and prescient of an inclusive monetary ecosystem that unites humanity and advances monetary providers in society.”

Andy Jury, Group CEO of Mukuru, added: “This partnership with VALR is a transparent step ahead in our technique to allow Africa’s rising shoppers to seamlessly ship, retailer and spend worth. It displays Mukuru’s evolution right into a platform that not solely facilitates on a regular basis monetary transactions, but in addition opens doorways to financial savings and funding alternatives.”

About VALR

Based in 2018, headquartered in Johannesburg, and backed by main traders together with Pantera Capital, Coinbase Ventures and Constancy’s F-Prime, VALR is a world crypto alternate providing a complete suite of merchandise together with Spot Buying and selling, Spot Margin, Perpetual Futures, Staking, Lending, Borrowing, OTC providers, VALR Make investments and VALR Pay. VALR is licensed by the South African FSCA and has regulatory approval in Europe. It serves greater than 1.6 million customers and 1,900 company and institutional prospects worldwide. The alternate is devoted to selling an equitable monetary future that upholds human dignity and the unity of humanity. For extra info, go to valr.com.

About Mukuru

Mukuru is a number one next-generation monetary providers platform, serving greater than 17 million prospects throughout Africa, Asia and Europe. With greater than 100 million transactions processed throughout greater than 570 corridors, Mukuru leverages know-how to offer inexpensive, accessible monetary providers by way of each bodily and digital channels. Mukuru has been acknowledged six instances within the FXC Intelligence Prime 100 Cross-Border Cost Firms and can also be an award-winning employer and innovation chief. www.mukuru.com

Contact

VALR
press@valr.com