Africa-focused fintech NALA has announced plans to roll out stablecoin on- and off-ramp infrastructure across key African markets, marking a new step in the continent’s evolving crypto-powered payments ecosystem.
The development, disclosed this week, will see NALA enable conversions between local currencies and stablecoins through its payments arm, Rafiki. The infrastructure is designed to allow businesses and individuals to move seamlessly between fiat money and blockchain-based stablecoins, using a single, unified payment layer.
Founded in 2018 and headquartered in Tanzania, NALA has built its reputation around cross-border payments and remittances for Africans at home and abroad. The company says the stablecoin rails will complement its existing services, rather than replace them, giving users more choice in how value is stored and transferred.
Expanding payment options for users and builders
According to the company, the new system will support both inbound and outbound settlements, allowing users to receive funds in local currency or stablecoins depending on their preference. This approach reflects growing demand from African users and global businesses seeking faster, lower-cost alternatives to traditional correspondent banking.
The move also comes amid increasing use of stablecoins on the continent, particularly for remittances, cross-border trade and treasury management in countries facing currency volatility. By offering compliant on- and off-ramps, NALA is positioning itself as a bridge between blockchain finance and regulated financial systems.
Positioning for the next phase of crypto adoption
NALA’s leadership believes demand for licensed, compliant stablecoin infrastructure will grow significantly over the next few years, especially as regulators and financial institutions take a more structured approach to digital assets. The company has already expanded into several African markets through partnerships with local banks and payment networks, laying the groundwork for broader adoption of its new rails.
While details on supported stablecoins and rollout timelines are still emerging, the announcement signals a clear strategic shift: infrastructure, not speculation, is becoming the focus of Africa’s next wave of crypto adoption.
If successfully implemented, NALA’s stablecoin rails could strengthen cross-border payments across the continent and give African businesses and consumers greater control over how they move and store value, quietly reinforcing blockchain technology as part of everyday financial life in Africa.
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