Pine Labs Launches Stablecoin
Pine Labs to launch stablecoin payments outside India. The launch will cover nine countries.
Nadia Okonkwo
Tech & Business Reporter
Introduction to Pine Labs
Pine Labs will launch a stablecoin-backed prepaid card across nine countries in the Middle East, Africa, and Southeast Asia by the end of April.
Launch Details
The fintech firm's chief executive told Reuters about the launch, marking the first attempt by the company to expand its services outside India. The launch is set to take place by the end of April.
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SOURCES & REFERENCES
This article was researched and compiled by the PulseAfrica editorial team using information from international news sources including Reuters, BBC Africa, Al Jazeera, AFP, and local African media outlets. PulseAfrica is committed to accurate, balanced and independent journalism covering all 54 African nations in three languages.
