The African fintech Grey has rolled out USD corporate accounts, bulk payouts to 170+ countries, and USDC stablecoin support — all on a single platform aimed at businesses that find international banking slow and expensive.
Grey, a cross-border payments company founded in Africa in 2020, has expanded its business banking offering with three new capabilities: USD corporate accounts, bulk payment processing, and support for USDC, the dollar-pegged stablecoin. The features launch on a single platform and are aimed at businesses in emerging markets that struggle with the cost, speed, and opacity of traditional international banking.
Companies using the platform can now open a USD business account, receive payments from international clients, and send payouts to more than 170 countries, including bulk disbursements for payroll or supplier payments, in minutes. Grey says transparent pricing and faster settlement times distinguish the offering from correspondent banking routes, where a World Bank-cited average fee of 6 to 7% of the transfer value and multi-day settlement windows are still common.
“Businesses may operate without borders today, but access to reliable global banking remains uneven, particularly for companies in high-growth markets. We’re closing that gap and enabling businesses to move money faster, with greater transparency and control, wherever their clients or partners are based.”
Idorenyin Obong, Co-founder and Chief Executive Officer of Grey
Idorenyin Obong, CEO and Co-founder of Grey (Image source: Grey)
The USDC integration is notable in the context of emerging markets, where currency volatility and limited access to foreign exchange accounts can make dollar-denominated transactions difficult to manage. According to the CryptoNinjas 2025 Global Crypto Market Sentiment Study, seven of the top ten most bullish countries toward cryptocurrency in 2025 were emerging markets in Southeast Asia, the Middle East, and Latin America, rather than wealthy Western nations. In these countries, crypto and particularly stablecoins are boosting not only investing opportunities but also financial inclusion. By supporting stablecoin settlement alongside traditional fiat rails, Grey gives businesses an additional option for holding and moving value across borders without converting through local banking systems.
Grey’s existing consumer offering includes multi-currency accounts, virtual USD cards, and low-cost international transfers. The company has operations in the US, UK, and Europe, and has recently extended into Latin America and Southeast Asia.
