NALA CEO Reports 17x Growth in Stablecoin Payment Volumes
NALA CEO Benjamin Fernandes announced that the company's Rafiki platform has seen a 17-fold increase in payout volumes over the past 18 months, maintaining a 96.6% success rate across Africa and Asia. The platform utilizes AI-driven routing to manage cross-border settlements via stablecoins and local payment rails. NALA has partnered with major firms like MoneyGram to provide stablecoin settlement and on/off-ramp infrastructure, and recently secured a 50 million dollar credit facility to scale its operations.
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