Busha Business and Tether Expand Stablecoin Infrastructure for African Businesses
Busha Business has partnered with Tether to expand access to licensed stablecoin infrastructure for African businesses. The collaboration aims to facilitate faster cross-border payments and more efficient treasury management.
LAGOS, Nigeria – Busha Business, the B2B infrastructure arm of Busha, has partnered with Tether to expand access to licensed stablecoin infrastructure for African businesses.
The collaboration enables businesses to access globally connected stablecoin liquidity for faster cross-border payments, more efficient treasury management, and quicker settlement of international transactions, reducing delays and costs associated with traditional banking channels.
This announcement comes as African businesses increasingly seek faster and more reliable ways to move money internationally. Cross-border payments remain expensive and slow, treasury management has become more complex amid currency volatility, and fragmented banking systems create friction for businesses operating across multiple markets. The International Monetary Fund has noted Nigeria's high ranking in cryptocurrency adoption and highlighted the importance of regulated infrastructure.
Busha Business, built on Busha's SEC-licensed digital asset foundation, aims to meet this need by providing compliant financial infrastructure to help businesses move, manage, and grow money across borders. The service currently supports over 1,500 businesses in Nigeria and Kenya.
"Cross-border transactions are still slow and expensive, especially in emerging markets, and closing that gap requires collaboration between companies committed to solving it," said Paolo Ardoino, CEO 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."
By leveraging Tether's global ecosystem, Busha Business provides businesses access to stablecoin liquidity that supports international commerce, simplifies treasury operations, and reduces reliance on slower, more expensive payment rails. The partnership reflects a broader shift in global commerce as businesses increasingly adopt stablecoins for international payments and treasury management.