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AfricaAfrica Stable Coins NewsMarket News

Busha Tether Partnership Expands Stablecoin Payments

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Busha Business partners with Tether to expand stablecoin infrastructure, enabling faster digital payments for businesses across Africa
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The Busha Tether partnership aims to strengthen stablecoin infrastructure across Africa by providing businesses with faster, licensed digital asset payments powered by USDT. The collaboration enhances cross-border payments, treasury management and international business transactions for companies operating across the continent.

Key Overview

  • Busha partnered with Tether.
  • Licensed stablecoin infrastructure expanded.
  • Over 1,500 businesses served.
  • More than 250 Kenyan businesses use the platform.
  • USDT supports cross-border payments.
  • Treasury management capabilities enhanced.
  • International business payments simplified.
  • Fintech innovation accelerates across Africa.

Busha Tether Partnership Expands Stablecoin Infrastructure for African Businesses

The Busha Tether partnership marks another significant milestone in Africa’s rapidly evolving digital payments ecosystem, bringing licensed stablecoin infrastructure to thousands of businesses seeking faster and more efficient international transactions. Through the collaboration, Busha Business, the business-to-business infrastructure division of Busha, will leverage Tether’s USDT stablecoin to improve cross-border payments, treasury management and global business settlements for companies across Africa.

The partnership reflects the growing adoption of stablecoins as practical payment tools for businesses operating in emerging markets, where traditional international payment systems often remain expensive, slow and inefficient. By combining Busha’s business payment platform with Tether’s globally recognised stablecoin infrastructure, the companies aim to provide African enterprises with financial tools better suited to modern international commerce.

Busha Business Strengthens Stablecoin Infrastructure

Busha Business’s partnership with Tether to expand licensed stablecoin infrastructure for African businesses. The infographic shows that Busha Business serves more than 1,500 businesses across Nigeria and Kenya, including multinational corporations, importers, exporters, fintech companies, e-commerce merchants, SMEs, and software developers. It also highlights that more than 250 businesses in Kenya use the platform to process millions of Kenyan shillings in daily transactions, supporting international supplier payments, corporate treasury management, and cross-border business settlements. The infographic emphasizes that the collaboration with Tether enhances Busha Business’s capabilities by providing access to licensed stablecoin infrastructure, enabling faster international payments, lower transaction costs, and more efficient digital financial services for businesses across Africa.

Busha Business has established itself as one of Africa’s leading providers of digital financial infrastructure for businesses.

Today, the platform serves more than 1,500 businesses across Nigeria and Kenya, supporting companies ranging from multinational corporations and importers to exporters, fintech firms, e-commerce merchants, small and medium-sized enterprises (SMEs), and software developers building financial products for African markets.

In Kenya alone, more than 250 businesses use Busha Business to process millions of Kenyan shillings in daily transactions. These companies rely on the platform to pay international suppliers, manage corporate treasury operations and settle international business obligations efficiently.

The collaboration with Tether significantly expands the platform’s capabilities by providing access to licensed stablecoin infrastructure built around one of the world’s largest digital assets.

Tether Brings Global USDT Liquidity

Tether is the issuer of USDT, the world’s largest stablecoin by market capitalization and one of the most widely used digital assets for international payments.

Unlike cryptocurrencies that experience significant price volatility, USDT is designed to maintain a value closely linked to the U.S. dollar, making it attractive for businesses seeking price stability while benefiting from blockchain-based payment technology.

Through the partnership, African businesses gain access to globally connected liquidity that enables faster settlement of international transactions while reducing dependence on traditional banking networks and correspondent banking relationships.

The integration allows businesses to conduct digital asset payments with greater speed, transparency and operational efficiency.

Cross-Border Payments Remain a Major Challenge

One of the primary motivations behind the Busha Tether partnership is improving cross-border payments across Africa.

Many African businesses continue facing lengthy settlement times, high transaction costs and limited access to international banking services when making payments to overseas suppliers or receiving funds from international customers.

Traditional payment systems often involve multiple intermediary banks, increasing both transaction costs and settlement delays.

Stablecoins operating on blockchain networks offer an alternative by enabling near-instant settlement, lower transaction costs and continuous availability without relying on conventional banking infrastructure.

For importers, exporters and multinational businesses, these efficiencies can significantly improve cash flow management and reduce operating costs.

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Busha Pay Supports Global Business Transactions

The partnership also complements Busha’s broader suite of business financial products.

Through Busha Pay, businesses can accept payments from customers around the world while receiving settlement in U.S. dollars.

The platform enables companies to expand internationally without facing many of the delays and complexities traditionally associated with foreign payment collection.

In addition, Busha Business offers corporate savings products that allow businesses to earn daily yields on idle balances held in both U.S. dollars and Nigerian naira.

These products utilise licensed third-party asset management partners to provide competitive market-based returns while helping businesses optimise treasury management.

Together, these services create an integrated financial ecosystem supporting both domestic operations and international trade.

Partnership Supports Africa’s Growing Fintech Ecosystem

The collaboration reflects Busha’s long-term strategy of expanding blockchain-powered financial infrastructure across Africa.

Earlier this year, during the Africa Tech Summit Nairobi, Busha Co-founder and Chief Operating Officer Moyo Sodipo advocated for greater adoption of locally relevant stablecoin infrastructure to improve trade throughout Sub-Saharan Africa.

He argued that many payment systems currently used across the continent were originally designed for developed economies rather than African business environments.

By building financial infrastructure tailored specifically to regional needs, Busha believes African businesses can participate more competitively in global commerce while reducing friction associated with international payments.

The latest partnership with Tether advances that broader vision by expanding access to licensed digital payment infrastructure across multiple African markets.

Collaboration Addresses Modern Business Needs

Executives from both companies emphasised that collaboration is essential for improving international financial connectivity.

Tether Chief Executive Officer Paolo Ardoino noted that businesses and individuals across emerging markets continue experiencing slow and costly international transactions, highlighting the importance of partnerships focused on improving payment efficiency.

According to Ardoino, combining Tether’s stablecoin infrastructure with Busha’s business platform enables faster, more reliable movement of money while supporting the development of more inclusive global financial systems.

Busha’s Moyo Sodipo added that modern businesses require financial infrastructure capable of supporting international trade at the speed of today’s digital economy.

He explained that licensed stablecoin infrastructure provides companies with improved liquidity, stronger treasury management capabilities and more efficient international settlements, helping African businesses compete more effectively in global markets.

Stablecoins Continue Driving Cryptocurrency Adoption

The partnership also highlights the growing role of stablecoins in accelerating cryptocurrency adoption beyond retail investment.

While cryptocurrencies were initially associated primarily with speculative trading, businesses increasingly view stablecoins as practical payment instruments for everyday commercial activities.

Because stablecoins maintain relatively stable values while benefiting from blockchain technology, they are becoming popular for international settlements, supplier payments, payroll, treasury management and business liquidity.

As regulatory frameworks continue developing across African markets, stablecoin-based payment infrastructure is expected to become an increasingly important component of the continent’s digital financial ecosystem.

Outlook for the Busha Tether Partnership

The Busha Tether partnership represents an important step in strengthening stablecoin infrastructure for African businesses seeking faster, more reliable international payment solutions. By combining Busha’s regional business payment platform with Tether’s globally recognised USDT ecosystem, the collaboration addresses longstanding challenges surrounding cross-border payments, treasury management and international trade.

As businesses increasingly adopt blockchain-based financial services, partnerships such as this are likely to accelerate the growth of fintech Africa while supporting broader digital transformation across the continent. With stablecoins continuing to gain acceptance among enterprises, the collaboration positions both companies at the forefront of Africa’s evolving digital payments landscape.

FAQs

What is the Busha Tether partnership?

The Busha Tether partnership is a collaboration between Busha Business and Tether to expand licensed stablecoin infrastructure for African businesses. The partnership enables companies to use USDT-powered payment solutions for faster cross-border transactions, treasury management and international business payments.

How will African businesses benefit from the partnership?

Businesses will gain access to faster international payments, improved liquidity, more efficient treasury management and licensed stablecoin infrastructure. These services help reduce settlement times and transaction costs while simplifying cross-border trade and supplier payments.

What is USDT and why is it used for business payments?

USDT is a stablecoin issued by Tether that is designed to maintain a value close to one U.S. dollar. Its price stability makes it suitable for business transactions, allowing companies to benefit from blockchain-based payment technology without the significant volatility associated with many other cryptocurrencies.

Why are stablecoins becoming popular in Africa?

Stablecoins help address many of the challenges associated with traditional international payments, including high fees, slow settlement times and limited banking access. As African businesses expand globally, stablecoin infrastructure provides faster, more cost-effective payment solutions that support international trade and digital financial inclusion.

Sources: Techpoint Africa, Tech in Africa, Streamline feed, Coin Gecko

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