Very excited for @HivemindCap to lead @Daya_HQ 's $2.4M pre-seed round! Daya is a B2B stablecoin neobank that enables local African businesses to access the global dollar economy via virtual USD bank accounts, instant global payments, and payment cards. The ‘digital dollarization’ narrative has largely focused on Latam and SE Asia to date, often overlooking the African market. Yet, African B2B cross-border payments are a massive $500B market with $45B in fees (avg 9% vs 6% globally). Due to insufficient local banking rails, Africa has *the fastest rate of fintech and crypto adoption in the world.* Crypto adoption has 25x-ed in the last 5 yrs. African fintech represents the ultimate leapfrog opportunity: a region with a young, digitally-native, and largely unbanked population that’s actively bypassing legacy infrastructure to adopt borderless, stablecoin-first financial services at record speed. Just as smartphones enabled Africa to leapfrog into mobile internet connectivity over the last 10-15 years, stablecoins are now powering a similar jump into modern, borderless financial services at a faster rate than the rest of the world. Why Daya? The founding team are Nigerian natives who previously built Helicarrier, one of the country's first crypto remittance platforms. Local domain expertise, deep crypto/fintech fluency, and a regulatory-first approach under a licensing regime that favors local builders over global incumbents. Daya’s strong early traction reflects their understanding of the needs of the local businesses they’re serving. My full thesis here: hivemind.capital/content/afr… Congrats to @alephile @0xPeejay and the @Daya_HQ team!