Circle, issuer of the USDC stablecoin, has committed to supporting a $20 million blockchain fund, CV VC, aimed at boosting early-stage startups in Africa.
Based in the Cayman Islands, the fund will focus on ventures building payment systems and data infrastructure, where blockchain and stablecoins are seen as critical enablers of financial inclusion.
Circle’s involvement underscores its interest in expanding USDC-powered use cases across emerging markets. With digital asset adoption growing rapidly in Africa, the move could accelerate blockchain-driven innovation and utility in underserved regions.
The partnership is also expected to strengthen Circle’s footprint in global financial ecosystems.
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