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Cometwallet, a UK-registered fintech company, is transforming African trade using a stablecoin backed by airtime and mobile money.
The company has already completed several successful cross-border transactions using its new dollar-equivalent stablecoin.
With Cometwallet, anyone with a feature phone can access blockchain services through their ICN Web3 platform, which connects to:
Traditional bank transfers
Visa & MasterCard (on blockchain)
Mobile-based tools like STK Push on WhatsApp and Telegram
Cometwallet is creating a digital currency for Africa, focused on helping SMEs trade globally using:
Tokens
Real-World Assets (RWAs)
Tokenized Electronic Warehouse Receipts
The platform uses smart contracts on Stellar, making cross-border payments faster, more secure, and inclusive.
A Cometwallet spokesperson said this marks a “quantum leap” for Africa’s role in global trade and digital finance.
Upcoming features include a virtual card that allows users to pay suppliers in China, Vietnam, and India—key manufacturing hubs for African businesses.
Through its API, Cometwallet can connect to over 200 million mobile wallets, helping build a mobile money-driven economy across Africa.