Grey Expands USD Business Banking, USDC Support
Analysis based on 18 articles · First reported Feb 23, 2026 · Last updated Feb 23, 2026
The expansion of Grey (fintech company)'s services to include USD accounts and stablecoin support is expected to positively impact businesses in emerging markets by reducing cross-border payment complexities and costs. This move could increase competition in the global payments sector, potentially driving down fees for international transactions across the board.
Grey (fintech company), a provider of cross-border payments solutions, has expanded its business banking offering to include USD business accounts, bulk payments, and USDC (cryptocurrency) stablecoin support on a single platform. This initiative aims to help businesses, particularly in emerging markets, receive international payments, manage large-scale cross-border transactions, and reduce the cost and complexity typically associated with international banking. The company's co-founders, Idorenyin Obong and Joseph Femi Aghedo, highlighted that this expansion addresses the uneven access to reliable global banking for companies in high-growth markets, enabling faster and more transparent money movement. Established in Africa in 2020, Grey (fintech company) has a presence in key markets like the United States, the United Kingdom, and Europe, and has recently expanded into Latin America and Southeast Asia. Grey (fintech company) holds Money Service Business licenses from the Canada===Financial Transactions and Reports Analysis Centre of Canada and the United States===Financial Crimes Enforcement Network.
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