According to BlockBeats, on June 4, HashKey MENA, a virtual asset trading platform authorized by Dubai's Virtual Assets Regulatory Authority (VARA), signed a pilot agreement with Aptos Foundation and pan-African stablecoin platform Daya to launch a B2B stablecoin payment corridor between the Middle East and Africa.
The trial will enable enterprises to settle regional trade on Aptos Layer 1 blockchain, with fiat on-and-off ramps for Nigerian Naira and other African currencies, alongside SWIFT integration, local currency virtual accounts, and payment APIs for corporate and fintech users. HashKey MENA will provide VARA-compliant fiat channels for UAE Dirham (AED) and USD stablecoin conversions, operating as a first-party transfer service.