Africhange Expands Into Crypto With USD Accounts

Africhange Technologies Limited is taking a bold step into cryptocurrency. The Canada-based remittance company has unveiled new features that weave digital assets into its platform, aiming to solve long-standing issues in cross-border payments.

The fintech company, which runs operations across Nigeria, the UK, Canada, and Australia, has introduced USD virtual accounts, stablecoin deposits, and a “Pay with Crypto” option. These tools are designed to support Africa’s fast-growing digital asset community at a time when crypto adoption in Sub-Saharan Africa is accelerating.

Chainalysis reports that the region processed more than $205 billion in on-chain flows between July 2024 and June 2025, up 52% from the previous year. In Nigeria alone, about 25.9 million people now use cryptocurrency — nearly 12% of the population.

Tackling Remittance Pain Points

The USD virtual accounts aim to cut out deposit fees, a problem that continues to frustrate remittance users. Unlike rivals, Africhange’s accounts let users hold balances in dollars, convert currencies at what the company calls competitive rates, and send funds without the usual top-up costs.

Stablecoins such as USDT and USDC are also accepted. This means users can transfer crypto directly from exchanges like Coinbase or Bybit into Africhange and have it instantly available for standard remittances. Businesses can also accept payments in stablecoins, opening new doors for international transactions.

Another feature, “Pay with Crypto”, allows senders to fund transfers with digital currencies while recipients still collect local currency through regular banks. Someone in London, for example, can send USDC to Lagos, while the recipient gets paid in naira without needing to know anything about cryptocurrency.

The launch comes alongside the closure of NairaEx, Africhange’s sister firm focused on crypto services. Instead of leaving the market, Africhange is pulling NairaEx’s strengths into its main platform.“We are going to close down business on NairaEx, but then we’re also integrating a lot of what NairaEx does into Africhange so that Africhange becomes a much more robust remittance platform,” the company said.