Quidax, described as Nigeria’s first SEC-licensed digital assets exchange, has expanded its stablecoin infrastructure to more than 21 countries. The move is aimed at improving cross-border payments by giving businesses and fintech companies a more seamless way to move funds across Africa and other markets.
The announcement positions the expansion as a compliant payment engine for organisations that need faster and more reliable value transfer. Stablecoin-based rails are increasingly being used to address delays and friction in traditional cross-border transactions, and Quidax is seeking to serve that demand at a wider regional scale.
For the company, the rollout strengthens its presence beyond Nigeria while building on its regulatory standing at home. By focusing on compliant infrastructure, Quidax appears to be targeting enterprises and financial technology firms that want digital asset tools without stepping outside regulated frameworks.
The development also highlights the growing role of stablecoins in African payments, especially where businesses operate across multiple countries. With coverage now extending to over 21 countries, Quidax is pushing further into the market for regulated, cross-border digital payment infrastructure.
