Busha, a leading digital asset exchange and stablecoin infrastructure provider in Africa, has solidified its position as a key advocate for the use of stablecoins in facilitating cross-border trade and enhancing global economic participation for African businesses. This commitment was highlighted at the Africa Tech Summit (ATS) Nairobi.

Moyo Sodipo, Busha’s Chief Operating Officer, participated in a panel discussion titled “Connecting to the Global Economy: How Stablecoins Are Solving Real African Problems.” The panel included other industry leaders.

During the session, Sodipo addressed the importance of shifting the narrative around digital assets in Africa from a focus on trading and volatility to one centered on infrastructure and real-world applications, such as payroll and trade settlement, supported by strong institutional partnerships.

In response to questions regarding trust and the potential of a stablecoin-powered economy, Sodipo emphasized blockchain transparency as a critical element for building trust. He noted that it enables clear transaction documentation, traceability, and effective monitoring.

Sodipo also advocated for the development of more local stablecoins to decrease reliance on foreign alternatives. He further stressed the need for increased collaboration between traditional financial institutions and digital asset exchanges.

According to Sodipo, the ultimate success in this area will be marked by a shift from competition to collaboration, thereby unlocking the seamless movement of money and value throughout Africa’s financial ecosystem.

Busha extended its engagement beyond the conference by hosting an exclusive evening mixer called “After The Summit” in partnership with Tether, a global stablecoin issuer. Senior leaders from Tether in Africa, including Arnoud d’Yve de Bavay, Head of Expansion Africa; Mabuti Mutua, Head of Regulatory Affairs and Licensing in Africa; and George Mosomi, Head of Expansion, Kenya, were in attendance.

At the mixer, Busha and Tether representatives welcomed guests and underscored that the partnership is geared towards promoting stablecoin adoption in emerging markets and connecting Africa to the global economy.

Through its Busha Business offering, the company continues to provide support to enterprises, fintechs, and institutions operating across Africa. This support includes secure, compliant access to digital assets and stablecoin-powered solutions.

Busha’s presence at the Africa Tech Summit Nairobi underscores its ongoing commitment to facilitating Africa’s participation in the global economy through innovative and trusted financial infrastructure.