M-Pesa, UAE firm ink deal for stablecoin payments

M-PESA Africa CEO Sitoyo Lopokoiyit.

Photo credit: File | Nation Media Group

Abu Dhabi-based blockchain project ADI Foundation has signed a deal with M-Pesa to roll out blockchain infrastructure in Kenya and seven other African markets where the mobile money service operates.

The project will deploy its ADI Chain blockchain infrastructure across Kenya, the DRC, Egypt, Ethiopia, Ghana, Lesotho, Mozambique and Tanzania, targeting M-Pesa Africa’s existing mobile money network and its more than 60 million monthly users.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.