Circle Ventures invests in South Africa's CrissCross to expand stablecoin payments

South Africa-based CrissCross has secured an undisclosed investment from Circle Ventures, the venture arm of USDC issuer Circle, made through parent company Stitch Group. The funds will expand local payment connections, liquidity and stablecoin settlement for enterprise clients. CrissCross operates in more than 30 African markets and supports over 20 currencies.

• CrissCross operates in 30+ African markets and supports 20+ currencies
• The investment was made via parent company Stitch Group; amount undisclosed
• Funds will go toward stablecoin settlement and local liquidity
• It is Circle Ventures' second Africa bet in 2026 after Flutterwave