Busha Business and Tether Partnership

Busha Business, the B2B infrastructure arm of Busha, has announced a collaboration with Tether, the largest company in the digital asset industry and issuer of USD₮. This partnership aims to expand access to licensed stablecoin infrastructure for African businesses.

The collaboration is designed to provide businesses with globally connected stablecoin liquidity. This will facilitate faster cross-border payments, more efficient treasury management, and quicker settlement of international transactions, thereby reducing delays and costs associated with traditional banking channels.

Addressing Africa's Cross-Border Payment Challenges

This announcement comes as businesses across Africa increasingly seek faster and more reliable ways to move money internationally. Cross-border payments remain expensive and slow, while treasury management has become more complex amid currency volatility.

Fragmented banking systems continue to create friction for businesses operating across multiple markets. The International Monetary Fund recently highlighted that Nigeria ranks second globally on Chainalysis’ Crypto Adoption Index, underscoring the importance of regulated infrastructure to support continued adoption.

Built on Busha’s SEC-licensed digital asset foundation, Busha Business was established to provide compliant financial infrastructure. This infrastructure helps businesses move, manage, and grow money across borders.

Busha Business's Offerings and Vision

Today, Busha Business serves more than 1,500 businesses across Nigeria and Kenya. In Kenya alone, over 250 businesses process millions of Kenyan shillings in daily transactions through the platform to pay international suppliers, manage treasury operations, and settle cross-border payments.

Paolo Ardoino, CEO of Tether, stated, “Cross-border transactions are still slow and expensive for the businesses and individuals who depend on them, especially in emerging markets, and closing that gap requires collaboration between companies committed to solving it.” He added that together with Busha, they are enabling faster, more reliable money movement across Africa and advancing their shared commitment to building resilient, inclusive financial infrastructure globally.

By leveraging Tether’s global ecosystem, Busha Business provides businesses with access to stablecoin liquidity that supports international commerce. This simplifies treasury operations and reduces dependence on slower, more expensive payment rails.

Busha Business serves a diverse range of clients, including large corporates, importers and exporters, e-commerce merchants, SMEs, fintech companies, and developers building financial products for African markets. Through Busha Pay, businesses can accept international payments from customers worldwide, with settlement in USD.

Additionally, its business savings products enable companies to earn daily yields on idle USD and Naira balances, offering highly competitive, market-driven rates powered by licensed third-party asset management partners.

The collaboration reflects a broader shift in global commerce as businesses increasingly adopt stablecoins for international payments, liquidity management, and treasury operations. Businesses are utilizing stablecoins as practical financial infrastructure and quicker settlement rails for everyday commercial activity, rather than solely as investment assets.

Moyo Sodipo, Co-founder and COO of Busha, emphasized, “Businesses need financial infrastructure that moves at the speed of modern commerce.” He further noted that through this collaboration with Tether, they are providing businesses with access to globally connected liquidity on licensed infrastructure designed for faster payments, stronger treasury management, and more efficient international trade. This marks another step toward building the financial rails African businesses need to compete globally.

As African businesses continue to expand beyond their domestic markets, the demand for regulated stablecoin infrastructure is expected to grow alongside the increasing adoption of digital assets for commercial use. Collaboration between licensed regional infrastructure providers and global stablecoin networks will play an important role in shaping how businesses access capital, settle international transactions, and participate in the global economy.