The Rise of DeFi in Africa: How Did This Payment Protocol Achieve $131 Million in Trading Volume?

【Crypto World】Recently, there have been new developments in Africa’s DeFi ecosystem. Canza Finance, a project focused on Africa’s digital economy, has surpassed $131 million in USDT trading volume — don’t underestimate this number; it has tripled compared to the previous quarter.

What’s even more interesting is their technological approach. The platform has launched an AI-driven autonomous payment protocol called CAPP, targeting Africa’s fragmented mobile currency ecosystem. In other words, costs can be reduced by 90%, and settlement times can be kept within minutes.

Compared to traditional cross-border payments and existing mobile payment solutions, this approach indeed has potential. Africa’s financial infrastructure is inherently weak, but the mobile user base is huge — so what can DeFi do in this scenario? The answer from Canza Finance is: cheaper and faster settlements. Whether this 300% growth can be sustained depends on the product itself and market acceptance. But based on the data, this direction clearly has demand.