How Kura Is Using USDC to Reach Haiti's Last Mile
Blog post from Circle
Kura, a member of the Circle Alliance Program, utilizes USDC to facilitate aid, remittances, and cross-border payments for merchants in Haiti and the Caribbean, significantly speeding up the process from weeks to hours. This digital cross-border payments platform focuses on connecting sponsors, support organizations, beneficiaries, and local merchants, enabling them to conduct transactions without the need for a bank account or cash. By integrating USDC as a dollar-denominated settlement layer, Kura allows merchants to efficiently manage cross-border trade and local cash flow, while also making it easier to explain the model to financial institutions and central banks familiar with USDC. The initiative aims to support over 700 merchants in Haiti, with plans to expand further, demonstrating the potential impact of digital payments infrastructure on local economies.