Circle Developer Grant Program Announces First Cohort, 8 Teams Building Payment Solutions for Africa and the Global South Based on Arc

Foresight News reported that Arc announced the list of teams selected for the first batch of the Circle Developer Grant Program 2026. All 8 teams are building products based on Arc, USDC, and the Circle developer platform, focusing on scenarios such as payments, foreign exchange, remittances, merchant payments, and native stablecoin banking in Africa and the Global South. The selected teams include: multi-chain wallet and AML infrastructure Blockradar, US dollar accounts for freelancers in the Global South Kolan, payment aggregation platform covering 21 African currencies Myaza, USDC payment tool for African merchants Arrel Technology, local currency settlement payment app Payrit, stablecoin DEX for emerging markets ViFi Labs, USDC neobank for African overseas communities SFX Money, and AI-powered real-time QR code pricing tool Flezpay.