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Busha, the Nigerian digital asset platform, has announced a partnership with stablecoin issuer Tether to expand access to licensed stablecoin infrastructure for businesses across Africa.
The collaboration helps companies access globally connected stablecoin liquidity for faster cross-border payments, more efficient treasury management, and quicker settlement of international transactions.
Founded in 2019 by Michael Adeyeri and Moyo Sodipo, Busha operates in Nigeria and Kenya through its B2B arm, Busha Business.
The company enables businesses to move, manage, protect, and grow money across borders through cross-border payments, stablecoin treasury management, business savings, merchant payment solutions, and API infrastructure for fintechs and developers
The company has previously raised €3.85 million ($4.2 million) in a Seed round led by Jump Capital, with participation from Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, and Raba Capital.
Busha Business currently serves more than 1,500 businesses across both markets.
In Kenya alone, more than 250 businesses process millions of Kenyan shillings in daily transactions through the platform to pay international suppliers, manage treasury operations, and settle cross-border payments.
Built on Busha’s SEC-licensed digital asset foundation, the B2B platform provides compliant financial infrastructure that helps businesses move, manage, and grow money across borders.
Paolo Ardoino, CEO of Tether, said, “Cross-border transactions are still slow and expensive for the businesses and individuals who depend on them, especially in emerging markets, and closing that gap requires collaboration between companies committed to solving it. Together with Busha, we’re enabling faster, more reliable money movement across Africa and advancing our shared commitment to building resilient, inclusive financial infrastructure globally.“
The partnership comes as businesses across Africa increasingly seek faster and more reliable ways to move money internationally.
Cross-border payments remain expensive and slow, treasury management has become more complex amid currency volatility, and fragmented banking systems continue to create friction for companies operating across multiple markets.
The International Monetary Fund recently noted that Nigeria ranks second globally on the Chainalysis Crypto Adoption Index, highlighting the importance of regulated infrastructure to support continued adoption.
By leveraging Tether’s global ecosystem, Busha Business provides companies with access to stablecoin liquidity that supports international commerce, simplifies treasury operations, and reduces dependence on slower, more expensive payment rails.
Through Busha Pay, businesses can accept international payments from customers worldwide with settlement in USD, while business savings products enable companies to earn daily yields on idle USD and naira balances.
Moyo Sodipo, co-founder and COO of Busha, said, “Businesses need financial infrastructure that moves at the speed of modern commerce. Through our collaboration with Tether, we are giving businesses access to globally connected liquidity on licensed infrastructure designed for faster payments, stronger treasury management, and more efficient international trade. This is another step toward building the financial rails that African businesses need to compete globally.”
