GLOBAL: Built on the Stellar blockchain, a crypto tech declared to be Shariah compliant by Bahrain-based Shariyah Review Board, fintech Afreum is launching the Africa Wallet – which aims to reduce reliance on volatile local currencies, fostering economic stability and inclusion for millions.
Backed by the $AFR token, and integrating over 150 USDC-backed fiat tokens, the wallet will go beyond enabling cross-border payments and remittances, to also offering tokenized asset management for users across the African continent and beyond. Potentially earning up to 13% in annual yields, the real-world assets marketplace aims to tokenize and trade African assets such as art via African Art Space, real estate or commodities, unlocking global investment opportunities into Africa.
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