Key Notes

Key Notes:

Since its launch in August 2024, Mansa has processed over $27 million in on-chain transactions, including nearly $11 million in January 2025.Mansa’s stablecoin-based infrastructure minimizes settlement delays and reduces transaction costs.It also addresses challenges like dollar shortages in import-heavy economies while offering a faster, cheaper alternative to traditional banking systems.

Fintech firm Mansa, backed by stablecoin issuer Tether, has recently secured funding of more than $10 million with the goal of further expanding cross-border stablecoin payments.

In a pre-seed round led by Tether, Mansa raised a total of $3 million co-led by Polmorphic Capital, along with participation from Trive Digital and Octerra Capital Faculty Group. Additionally, the firm also raised $7 million in liquidity funding from institutions, which includes quantitative investment funds, corporate investors, etc. to support Mansa’s market expansion across Southeast Asia and Latin America.

Mansa plans to leverage the $10 million funding to revolutionize the flow of money in the fiat economy, according to Mouloukou Sanoh, the company’s co-founder and CEO. He added:

“By bringing payments on-chain and leveraging efficient liquidity solutions, we are addressing critical challenges in cross-border transactions — making payments faster, cheaper and more reliable worldwide.”

The CEO also added that the firm will leverage the recent funding to “empower payment companies with seamless, real-time settlement infrastructure.”

Within six months of its launch in August 2024, Mansa’s stablecoin-based payments solution facilitated over $27 million in on-chain transaction volume, including nearly $11 million in January alone.

As per the data from Ark Invest’s 2025 report, the annualized transaction value of stablecoins exceeded $15.6 trillion in 2024. This represents approximately 119% of Visa’s volume and 200% of Mastercard’s.

Source: Ark Invest

Mansa leverages stablecoins for cross-border payments, enabling the company to minimize settlement delays and lower transaction costs. The firm’s stablecoin-based solution offers a potential remedy for import-dependent economies facing a “severe shortage” of fiat US dollars, which has complicated global payment processes. Speaking on this matter, Sanoh said:

“Stablecoins provide a viable alternative by enabling businesses to access digital dollars at scale, bypassing local currency restrictions and capital controls. By transacting onchain, businesses can conduct seamless cross-border payments without the inefficiencies of traditional financial systems.”

Stablecoins are gaining major traction in global finance as they provide a cheaper and faster alternative to traditional bank transfers for instant cross-border payments. With traditional bank transfers, the remittance fees cost an average of 7.34%.

Sanoh added that in contrast, “stablecoins enable instant and low-cost transactions”, for a “fraction of the cost of traditional payment rails”.

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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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