Hamilton Labs has secured an undisclosed investment from AXIAN Investment, the venture capital arm of AXIAN Group, to support the scaled deployment of its USDh stablecoin. The move reflects growing momentum in building digital financial infrastructure across emerging markets.
This marks AXIAN’s second investment in stablecoin infrastructure, underscoring its continued focus on strengthening digital financial rails and expanding access to modern financial tools across Africa.
USDh: A Dollar-Pegged Digital Asset
USDh is a permissionless stablecoin pegged 1:1 to the US dollar and fully redeemable, offering users a stable and reliable digital savings instrument.
The solution connects users in emerging markets to sovereign yield opportunities traditionally limited to institutional investors, within a global sovereign debt market exceeding $100 trillion.
Expansion Across African Markets
The new investment will support Hamilton’s expansion strategy through integrations with fintech platforms, enabling broader access to dollar-denominated savings tools for both consumers and businesses across Africa.
This approach addresses a key gap in financial access, particularly in markets where individuals face limited availability of stable savings instruments and exposure to currency volatility.
Advancing Financial Inclusion
Mo Kasstawi, Co-founder and CEO of Hamilton, stated that access to stable dollar-based savings remains limited for millions across Africa. He emphasized that programmable digital dollars like USDh can expand access to global financial infrastructure and help individuals protect and grow their savings regardless of location.
AXIAN’s Vision for Digital Financial Ecosystems
Hassane Muhieddine, CEO of AXIAN’s Financial Services cluster, noted that digital asset currencies represent a key lever for advancing financial inclusion in Africa and beyond. He highlighted AXIAN’s commitment to empowering African markets through fintech solutions that are accessible, secure, and value-driven.
Strong Track Record in Supporting Innovation
AXIAN Investment has supported 33 startups and participated in 38 investment funds to date, reinforcing its role in fostering entrepreneurship and innovation across the African continent.
Outlook: Toward Inclusive Digital Finance
The investment reflects a broader shift toward integrating digital assets into mainstream financial ecosystems, particularly in emerging markets.
By enabling access to stable, dollar-backed savings and sovereign yield opportunities, USDh positions itself as a tool for enhancing financial resilience, supporting inclusion, and driving the next phase of digital finance adoption in Africa.
