Africa-Founded Stablecoin Startup BlockRadar Crosses $1 Billion in Transaction Volume
Key Takeaways
- •BlockRadar said it has processed its first $1 billion in total transaction volume.
- •The company announced the milestone on X on August 20, 2026.
- •BlockRadar said its infrastructure now supports hundreds of fintechs across more than 20 countries.
- •BitKE reported in December 2025 that BlockRadar had crossed $300 million in transaction volume and had processed nearly 500,000 transactions.
- •The company did not disclose how the volume is split by region, currency, or use case.
BlockRadar, the Africa-founded wallet-as-a-service provider, says it has officially crossed the $1 billion milestone in total transaction volume, a landmark that highlights the platform's rapid rise as a critical infrastructure layer for stablecoin payments in emerging markets.
The company announced the milestone on X (formerly Twitter) on August 20, 2026:
We have officially processed our first $1B in transaction volume! What started with a single idea, to build scalable stablecoin infrastructure, has grown into infrastructure supporting hundreds of fintechs across 20+ countries. Here’s what that volume looks like in practice: a… pic.twitter.com/oXzjXvhvjx
While BlockRadar has not disclosed additional information around the milestone, the company's earlier growth trajectory, as documented in previous BitKE coverage, points to rapid uptake of its services.
In December 2025, BitKE reported that BlockRadar had crossed $300 million in total transaction volume, having processed nearly 500,000 transactions (2025 RECAP | Africa-Founded Stablecoin Startup, BlockRadar, Crosses $300 Million in Transaction Volume With ~100,000 Wallets Created in 2025). By that point, the company had successfully created and managed approximately 100,000 non-custodial wallets for more than 100 fintechs across Africa, Latin America, the Middle East, and Southwest Asia.
Going by those earlier figures, the new milestone would likely point to more than one million transactions processed and over 200,000 wallets under management, with the company now reporting that its infrastructure supports hundreds of fintechs across more than 20 countries. Read against the December 2025 numbers, the jump to $1 billion means more than two-thirds of BlockRadar's cumulative transaction volume was processed in the roughly eight months between the two milestones.
Wallet-as-a-service providers supply companies with ready-made digital wallet infrastructure, sparing them from building and maintaining the underlying technology in-house. Stablecoins are digital currencies pegged to stable reference assets, most commonly the U.S. dollar, and have become a widely used payment rail across emerging markets, where dollar-pegged tokens are commonly used for cross-border transfers and remittances and as a store of value where local currencies are volatile. The non-custodial wallets BlockRadar creates and manages keep control of private keys with the end user rather than the platform itself, which is the defining feature that separates the model from custodial wallet services. The announcement did not break the milestone down by region, currency, or use case, leaving open how the volume is split between the company's African home market and the other regions it serves across Africa, Latin America, the Middle East, and Southwest Asia.
