GSX, Ubuntu Tribe Launch Stablecoin and Gold Payment Network
A New Era for Cross-Border Financial Connectivity
Global Settlement Holdings Inc. (GSX) has announced a strategic partnership with Ubuntu Tribe aimed at reshaping the way money moves between Africa and Europe. By merging stablecoin-based settlement with tokenized real-world assets such as gold, the collaboration introduces a faster, more secure, and cost-efficient alternative to traditional cross-border transfers.
Bringing Efficiency to Africa-Europe Remittances
Cross-border payments between the two regions have long been slowed by high fees, multi-day settlement times, and limited access in underserved communities. This partnership seeks to address these challenges through blockchain technology, enabling instant FX conversions and near-zero-delay transactions supported by fully backed digital currencies.
GSX will supply its regulated stablecoin infrastructure, while Ubuntu Tribe brings a gold-backed digital asset that converts physical gold into fractional, easily transferable tokens. Together, they aim to reduce remittance costs significantly while improving the transparency and speed of international payments for individuals and small businesses.
Tokenized Gold as a Financial Empowerment Tool
A major highlight of this alliance is Ubuntu Tribe’s gold-token model, which allows users to buy and hold fractional gold through a mobile wallet. This opens access to a historically stable asset, offering a hedge against inflation and currency volatility in several African economies.
Users can save in gold, transfer it across borders, or convert it seamlessly into stablecoins for day-to-day transactions. This bridges the gap between traditional commodities and modern digital finance, creating a savings mechanism accessible even to unbanked populations.
Infrastructure Designed for Future Growth and Regulatory Alignment
The combined system is fully prepared to integrate with future central bank digital currencies (CBDCs) and regulatory frameworks across both continents. Built with compliance at its core, the architecture supports financial institutions, regulators, and fintech ecosystems seeking interoperable digital payment rails.
The phased rollout includes:
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Phase 1: Pilot programs testing tokenized gold transfers and stablecoin FX settlements.
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Phase 2: Expansion of liquidity pools and broader access across Africa–Europe corridors.
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Phase 3: Large-scale adoption involving banks, telecom operators, and governmental partners.
Driving Economic Inclusion and Digital Innovation
By pairing tokenized commodities with stablecoin-powered FX, the GSX-Ubuntu Tribe partnership aims to democratize access to global financial tools. This includes enabling small merchants, migrant workers, and everyday users to send and receive money instantly, save in gold, and tap into cross-border markets previously out of reach.
If successfully executed, the initiative could become a blueprint for digital-asset-driven economic empowerment and a model for emerging markets seeking resilient, inclusive financial systems.
