ME News reports that on September 9 (UTC+8), OSL Group (HKEX: 863), a stablecoin payments and trading platform, announced a partnership with Waka, a payment platform connecting liquidity and settlement networks in emerging markets. OSL will integrate its institutional-grade stablecoin infrastructure—enabling stablecoin-to-USD conversions and USD payment capabilities—into Waka’s settlement system to serve trade corridors in Africa and globally. OSL stated that this collaboration brings compliant USD liquidity to Asia-Africa trade corridors long underserved by traditional banking, further expanding OSL’s stablecoin payment ecosystem in emerging markets. Both parties are also actively exploring additional cooperation opportunities focused on the African market and cross-border settlement. Kevin Cui, Executive Director and CEO of OSL Group, said that enhanced payment infrastructure can significantly improve daily life and business operations in Asia-Africa trade corridors. In the future, OSL will further deepen its presence in Africa and broader markets. (Source: Foresight News)
OSL Partners with Waka to Enable Stablecoin Settlement in Emerging Markets
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OSL Group (HKEX: 863) has partnered with Waka to integrate institutional-grade stablecoin infrastructure into its settlement system, enabling institutional adoption in emerging markets. The collaboration, built on MetaEra, aims to provide compliant USD liquidity to underbanked trade corridors in Africa and beyond. OSL CEO Kevin Cui emphasized the role of enhanced payment infrastructure in improving daily life and business operations in these regions, in alignment with evolving global crypto policies.
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