Hamilton Labs Secures Strategic Backing from AXIAN to Scale USDh Stablecoin Across Africa
Hamilton Labs, the architect of the programmable dollar infrastructure, has successfully secured a strategic investment from AXIAN Investment, the venture capital arm of the pan-African AXIAN Group. The funding—AXIAN’s second major move into digital asset rails—is earmarked for the scaled deployment of USDh, a permissionless stablecoin designed to bridge emerging markets with sovereign yield opportunities.
Leveraging a 1:1 peg to the US Dollar, USDh provides African consumers and businesses with onchain access to the $100 trillion global sovereign debt market, traditionally reserved for institutional giants. Mo Kasstawi, Co-founder and CEO of Hamilton, emphasized that the partnership will accelerate fintech integrations to serve underbanked regions. "Programmable dollars like USDh are essential for protecting savings in high-inflation environments," Kasstawi stated, aligning with AXIAN’s mission to empower the continent through secure, rewarding, and accessible financial tools.