The Zurich-based firm provides trading, settlement and custody to institutional clients through a FINMA-licensed Swiss entity. Norman Wooding, its co-founder and CEO, has worked in digital assets since 2016 and is a former lecturer at the London School of Economics. He answered The Fintech Times’ written questions on the expansion.

Africa represents one of the clearest examples of where stablecoins are moving beyond speculation and becoming practical financial infrastructure. The demand is being driven by real economic needs: businesses need better ways to access dollar liquidity, manage treasury operations and move value across borders efficiently.

East Africa is particularly compelling because these markets combine growing digital adoption with increasingly connected economies and businesses that operate internationally. Companies across the region are engaging in cross-border commerce every day, but many still face friction when moving money through traditional financial systems.

What makes these corridors important is that the need already exists. Stablecoins are not creating a new behaviour; they are providing a more efficient layer for financial activity that is already happening. The opportunity is to bring licensed, institutional-grade infrastructure to support those flows.

For SCRYPT, this expansion is not simply about geographic growth. Africa is a strong proof point for our broader thesis: when financial systems face friction, businesses need reliable rails that allow them to move value faster, more transparently and with greater certainty. Stablecoins are increasingly becoming part of that stack.

Today, many businesses operating across borders have to navigate multiple layers to complete international payments.

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