Paga Group and Crossmint have announced a partnership to deploy stablecoin payment infrastructure across Africa, creating a two-way bridge between African fiat rails and global stablecoin networks.
Under the agreement, Crossmint will integrate Paga Engine’s local fiat on- and off-ramps into its enterprise payout network, while Paga builds on Crossmint’s infrastructure to issue stablecoin wallets to consumers and agents across the continent. The arrangement works in both directions: multinationals using Crossmint gain access to African fiat settlement, and African users receive on-chain wallets with programmable controls.
“I once lived in Surulere, in the heart of Lagos, so this partnership means a lot to me. The people I knew there worked hard for their money, yet moving it across borders was slow and expensive,” said Rodri Fernández Touza, Co-founder of Crossmint. “Crossmint builds the stablecoin and wallet infrastructure behind Paga’s digital dollars, cards, and U.S. accounts, putting instant global payments into the hands of millions of Nigerians.”
The wallets are based on smart contracts, which allow spending limits, transaction restrictions, and multi-party approvals to be enforced at the protocol level rather than through application logic. This makes the controls more auditable and harder to circumvent. Users interact with a standard app interface, with the underlying blockchain infrastructure remaining invisible.
The infrastructure supports both enterprise and retail use cases. On the business side, companies using Paga Engine can send and receive stablecoin-denominated cross-border payments, with Crossmint handling orchestration and Paga managing fiat conversion. On the consumer side, Paga users receive non-custodial smart wallets to hold and move stablecoins within the Paga app. Agents can be issued dedicated wallets programmatically via API, with wallets optionally linked to physical or virtual cards for direct stablecoin spending.
“Paga has always been about building the rails for the future of money, and that future is multi-blockchain and multi-stablecoin,” said Tayo Oviosu, Founder and Group CEO of Paga Group. “By combining Paga’s local financial rails with Crossmint’s programmable wallet infrastructure, we are connecting the African economy to global finance — eliminating the tax of friction, preserving wealth, and giving African consumers and businesses the financial mobility they deserve.”
The stablecoin infrastructure will be available to all businesses building on Paga Engine. Founded in 2009 and headquartered in Lagos, Paga currently powers over 300 businesses, including Meta, LemFi, Qatar Airways, and Verto. Adoption by specific partners will depend on individual roadmaps and has not been disclosed.
Crossmint supports more than 50 blockchains, including Sui, Solana, Ethereum, Polygon, and Stellar. Paga Group processed 169 million transactions worth over ₦17 trillion ($11 billion) in 2025.
