Case Study: Afriex unifies stablecoin cross-border payments with Utila

Afriex scales cross-border payments across 23 African corridors with Utila

Afriex, a cross-border payments platform operating across 23 African corridors, was facing challenges with a fragmented stablecoin infrastructure. Their operations were spread across multiple exchanges and wallet providers to manage different assets and blockchain networks for their treasury and partner settlements. This complex setup was difficult to scale, especially after launching a B2B product that required provisioning wallets for hundreds of business clients. Afriex adopted Utila's Wallet-as-a-Service and treasury management products to consolidate its operations.

Utila provided a single platform to manage multi-asset, multi-chain stablecoin operations, replacing Afriex's previous patchwork of providers. The solution handled treasury movements, cross-chain swaps, and scalable B2B client wallet provisioning. This consolidation gave Afriex a significant competitive infrastructure advantage, streamlining all stablecoin activity through one operational layer with unified controls and visibility.

Afriex