Canza Finance, a decentralized finance network dedicated to building digital economic infrastructure in Africa, today announced that the cumulative trading volume of its local USDT has exceeded $131 million. This milestone marks a significant step for Canza in empowering Africa's business ecosystem.
This achievement mainly stems from Canza's initial P2P and B2B foreign exchange services on the Aptos network, USDT stablecoin market-making operations, and on-chain OTC settlements. Compared to the previous quarter, trading volume has grown by approximately 300%, further solidifying Canza's leadership in African markets that have long been constrained by inefficiencies in traditional finance.
Strong evidence of market leadership
This transaction volume directly validates the significant and genuine demand for efficient cross-border financial services in the African market, demonstrating that both businesses and individuals are actively adopting Canza's solutions to address complex local and regional currency circulation challenges.
Pascal Ntsama, CEO of Canza Finance, said, "This volume milestone fully demonstrates the trust our community places in us. We are not just building a platform, but empowering thousands of African businesses and individuals to participate in the global economy on their own terms. This milestone not only validates the significant demand for stablecoin liquidity, but also clearly shows that to truly achieve continental-scale impact in Africa, we urgently need entirely new technological infrastructure."
Bottleneck Expansion: Why Traditional Systems Fail
Although Canza's early business validated real market demand, the process of achieving the current transaction scale has gradually exposed the long-standing structural inefficiencies in Africa's cross-border financial systems. Almost every transaction tests the capacity limits of traditional payment systems:
- High Cost: The average cost of cross-border remittances in Africa remains as high as 8.9%, imposing a continuous financial burden on both businesses and individual users;
- Severe Delays: Business payments typically take 3–5 days to settle, significantly impacting cash flow and business expansion.
- Fragmented channels: 156 independent mobile payment systems in Africa make seamless interconnection difficult, complicating regional-scale operations and driving up costs.
To break through the above bottlenecks and support continued growth in the next phase, Canza is accelerating its transition to a brand-new autonomous financial infrastructure.
CAPP Major Release: Next-Generation Autonomous Payment Infrastructure
Canza proudly announces the launch of the Canza Autonomous Payment Protocol (CAPP)—the world's first multi-agent autonomous AI system for cross-border payments, specifically designed to eliminate existing bottlenecks and serve the African cross-border economy, which is projected to reach a $1 trillion scale by 2035.
CAPP will address the challenges of expanding into the African market through the following capabilities:
Cost reduced by 90%
By automating complex payment routing, the goal is to reduce fees to below 1% (compared to the current average of 8.9%), unlocking billions of dollars in value for the African economy.
Second-level settlement
Reducing settlement time from several days to less than a minute provides businesses with real-time cash flow management capabilities.
Inclusive Connectivity Capabilities
The core innovation of CAPP is the Mobile Money Bridge Agents, which can unify the connection of 156 mobile payment systems in Africa, enabling over 400 million unbanked users to seamlessly access the digital economy using only their mobile phones.
Aptos-based technical security
CAPP operates on the Aptos blockchain network, just like the Canza ecosystem. It leverages Aptos' sub-second transaction finality and extremely low transaction fees (averaging about $0.0005) to ensure secure and auditable fund transfers, protected by Move smart contracts. It also supports commercially viable micro-payment scenarios. This provides Canza with a high-throughput, auditable foundational infrastructure for its next phase of scaling.
Corey Sheft-Tannenbaum, Investment Lead at the Aptos Foundation, said, "Canza's milestone reaffirms that traditional payment channels cannot meet the real-world needs of African businesses in terms of scale and speed. Canza's growth demonstrates the tangible value that decentralized finance can deliver when innovative teams combine deep market insights with world-class technology. We are proud to partner with such a team, not only advancing the transformation of cross-border payments in Africa, but also setting new global standards for the real-world impact of decentralized finance."
Accelerate on the basis of growth
This milestone is not an endpoint, but rather core data evidence validating the necessity of CAPP. Based on a large volume of real transaction data, Canza will accelerate its roadmap, expand CAPP into more African markets, and launch new features that have already been validated by data.
About Canza Finance
Canza Finance is a leading pan-African decentralized finance network, offering innovative services such as peer-to-peer foreign exchange trading, B2B payments, and stablecoin solutions. Canza's mission is to empower African businesses and individuals by building open, user-friendly, and efficient financial infrastructure.
To learn more about how CAPP is reshaping Africa's payment system and to join Canza's growing community, please visit the official website at canza.io and follow @canzafinance on Twitter. Enterprises interested in participating in the pilot of the CAPP automation system can contact their team via the following page: https://canza.io/capp.
(CMC Labs: Partners)