Busha Business, the business-to-business infrastructure division of Busha, has partnered with Tether, the world’s largest digital asset company and issuer of USD₮, to expand access to licensed stablecoin infrastructure for businesses across Africa.
The partnership enables businesses to access globally connected stablecoin liquidity, facilitating faster cross-border payments, improved treasury management and quicker settlement of international transactions while reducing many of the costs and delays associated with traditional banking systems.
The development comes as businesses across Africa increasingly seek faster and more reliable methods of moving money internationally. Cross-border transactions remain expensive and time-consuming, treasury management has become more challenging due to currency volatility, and fragmented banking systems continue to create difficulties for companies operating across multiple markets.
The International Monetary Fund recently noted that Nigeria ranks second globally on Chainalysis’ Crypto Adoption Index and highlighted the importance of regulated infrastructure in supporting continued digital asset adoption.
Built on Busha’s Securities and Exchange Commission-licensed digital asset platform, Busha Business was established to address these challenges by providing compliant financial infrastructure that helps businesses move, manage and grow money across borders.
Currently, Busha Business serves more than 1,500 businesses in Nigeria and Kenya. In Kenya alone, over 250 businesses process millions of Kenyan shillings in daily transactions through the platform to pay international suppliers, manage treasury operations and settle cross-border payments.
“Cross-border transactions are still slow and expensive for the businesses and individuals who depend on them, especially in emerging markets, and closing that gap requires collaboration between companies committed to solving it,” said Paolo Ardoino, Chief Executive Officer of Tether.
“Together with Busha, we’re enabling faster, more reliable money movement across Africa and advancing our shared commitment to building resilient, inclusive financial infrastructure globally,” he added.
By leveraging Tether’s global ecosystem, Busha Business provides companies with access to stablecoin liquidity that supports international trade, simplifies treasury operations and reduces dependence on slower and more costly payment channels.
Busha Business serves a wide range of clients, including large corporations, importers and exporters, e-commerce merchants, small and medium-sized enterprises, fintech companies and developers building financial products for African markets.
Through Busha Pay, businesses can accept international payments from customers around the world with settlement in US dollars. Its business savings products also enable companies to earn daily yields on idle US dollar and naira balances through competitive, market-driven rates supported by licensed third-party asset management partners.
The partnership reflects a broader global trend in which businesses are increasingly adopting stablecoins for international payments, liquidity management and treasury operations. Rather than being viewed solely as investment assets, stablecoins are increasingly being used as practical financial infrastructure and efficient settlement tools for everyday commercial activities.
The announcement also aligns with Busha’s broader vision of expanding stablecoin-powered financial infrastructure across Africa. Earlier this year, speaking at Africa Tech Summit Nairobi, Busha Co-founder and Chief Operating Officer, Moyo Sodipo, advocated for increased adoption of African and locally relevant stablecoin infrastructure to improve trade across Sub-Saharan Africa and reduce dependence on legacy payment systems designed for other markets.
“Businesses need financial infrastructure that moves at the speed of modern commerce,” Sodipo said.
“Through our collaboration with Tether, we are giving businesses access to globally connected liquidity on licensed infrastructure designed for faster payments, stronger treasury management and more efficient international trade. This is another step toward building the financial rails that African businesses need to compete globally,” he added.
As African businesses continue expanding beyond their domestic markets, demand for regulated stablecoin infrastructure is expected to grow alongside the increasing commercial adoption of digital assets.
The collaboration between licensed regional infrastructure providers and global stablecoin networks is expected to play a significant role in shaping how businesses access capital, settle international transactions and participate in the global economy.
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