Kredete Launches Africa's First Stablecoin-Backed Credit Card

This innovative product, developed in partnership with Visa, Stellar, and Rain, enables users in 41+ African countries to spend stable digital assets both online and in person

U.S.-based financial technology platform Kredete, which helps African immigrants build credit and access global payment tools using stablecoins, has announced the launch of Africa’s first stablecoin-backed credit card.

Developed in partnership with Visa, Stellar, and Rain, the new card enables users in 41+ African countries to spend stable digital assets both online and in person—across more than 150 million Visa-accepting locations worldwide.

The card links directly to a user’s digital wallet, settling payments in USDC—a fully reserved and regulated digital dollar. Each transaction is processed in real-time, with instant foreign exchange conversion at the point of purchase, providing a smooth and accessible payment experience across borders.

Whether it’s a freelancer in Nairobi purchasing a software subscription, a student in Dakar paying for an online course, a family in Accra covering education expenses, or a business in Lagos paying global suppliers—Kredete’s card offers a secure and efficient solution to challenges that have historically prevented many Africans from participating in the global digital economy.

Commenting on the vision behind the launch, Kredete’s Founder and CEO, Adeola Adedewe, said:

“Access to money shouldn’t stop at your country’s borders. We’ve built a system that lets Africans store value in digital dollars and use those funds however and wherever they choose—instantly.”

The card’s design is fully integrated into the Kredete app, making it easy to manage digital assets, monitor spending, and execute cross-border payments. Transactions are settled on the Stellar network, offering speed, transparency, and low fees, even in areas where traditional financial systems may be limited or costly.

This product builds on Kredete’s existing services, which already include:

Together, these features represent a full-stack financial platform designed to support the needs of Africans both at home and in the diaspora.

Highlighting the real-world value of stablecoins when integrated into everyday financial tools, Ebuka Arinze, Chief Product Officer at Kredete, added:

“We believe stablecoins aren’t just a technology—they’re a utility. By embedding them into practical solutions like our credit card, we’re giving users a real and reliable way to store, move, and spend their money globally.”

Unlike many traditional banking products, Kredete’s stablecoin card is uniquely accessible. It does not require a local credit history or traditional documentation—features that are often barriers to millions of unbanked or underbanked individuals across Africa.

With over 500,000 users, Kredete continues to grow as one of the most trusted financial platforms for Africans navigating global financial systems. The company’s mission is to redefine access to modern financial tools by working around the limitations of legacy banking infrastructure.

To join the waitlist or learn more:

https://www.kredete.io/cards

About Kredete

Kredete is a U.S.-based fintech company providing stablecoin-powered financial services to African immigrants and residents across 41+ countries. The platform supports cross-border payments, U.S. bank account access with international IDs, and now offers the first-ever stablecoin-backed credit card available to users across Africa. Founded by Adeola Adedewe, Kredete is building the next generation of global financial tools for Africans everywhere.