Solana Platform AgriDex realizes USD 9 million stablecoin transactions in the African market
Source: CoinWorld
Time: 2025-09-09 03:30:16
AgriDex, a Solana-based agricultural trading platform, has processed more than $9 million in stablecoin transactions, targeting the $2.7 trillion global agricultural sector. Graintrade recently completed a $1.5 million cross-border food and fertilizer transaction in Africa, using USDC in the transaction, avoiding delays and high fees from banks. CEO Henry Duckworth stressed that the platform is very simple for users without cryptocurrency experience and enables instant settlement. AgriDex is currently active in seven African markets and plans to expand to Latin America and Central Asia by the second quarter of 2026. The company raised $4 million in December 2024 and was valued at $28.5 million.