Scoopfeeds — Intelligent news, curated.
Interview: Encryptus CEO Shantnoo Saxsena on scaling stablecoin settlement in Africa and Southeast Asia
business

Interview: Encryptus CEO Shantnoo Saxsena on scaling stablecoin settlement in Africa and Southeast Asia

Yahoo Finance · Jun 1, 2026, 9:37 AM

Key takeaways

  • By bridging legacy systems with digital assets, stablecoins are becoming essential infrastructure for 24/7 payments and the future of money.
  • In this interview, Shantnoo Saxsena, the CEO & co-founder of Encryptus, highlights the company’s mid-term targets and its role in the broader ecosystem.
  • Shantnoo Saxsena: We re infrastructure, not a consumer-facing remittance brand.

Interview: Encryptus CEO Shantnoo Saxsena on scaling stablecoin settlement in Africa and Southeast Asia Shantnoo Saxsena. · Electronic Payments · Encryptus Satarupa Bhowmik Mon, June 1, 2026 at 4:37 PM GMT+7 4 min read Stablecoin settlement is transforming global finance through near-instant, low-cost, and programmable finality across borders. By bridging legacy systems with digital assets, stablecoins are becoming essential infrastructure for 24/7 payments and the future of money.

In this interview, Shantnoo Saxsena, the CEO & co-founder of Encryptus, highlights the company’s mid-term targets and its role in the broader ecosystem.

Shantnoo Saxsena: We re focused on high-cost remittance corridors across Africa and Southeast Asia where legacy correspondent banking creates the most friction. Our immediate priority is proving that stablecoin settlement works at scale through regulated banking partners like Credit Bank in Kenya. Once we demonstrate that the model can handle institutional transaction volumes reliably, expansion becomes a replication exercise. We re building partnerships corridor by corridor, working with local banks and payment institutions that see value in lower-cost settlement infrastructure. Market share targets matter less than proving the infrastructure works and that regulators, banks, and customers trust it. Volume follows credibility in emerging markets.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop