Stanbic Bank Ghana and fintech firm RD Technologies have begun exploring a stablecoin‑based payment model that would let Ghanaian businesses pay Asian suppliers more efficiently.

The proposed arrangement would merge the bank’s traditional services – such as customer onboarding, KYC, transaction approval and local currency settlement – with RD Technologies’ digital‑asset infrastructure and its network for settlement in Asia.

Both parties say the stablecoin would act as the underlying settlement mechanism, not replace the bank’s role, aiming to cut intermediaries, reduce settlement times and improve transaction transparency.

The collaboration is still in an exploratory stage; the partners are engaging regulators, conducting technical testing and designing a controlled pilot before any commercial launch.

Regulatory approval and compliance checks will be required, with Stanbic handling all local compliance, risk assessments and transaction approvals for eligible businesses that join the pilot.

Stanbic’s Head of Strategy Enablement, Darwin Mireku, said the effort will assess how emerging payment technology can meet the needs of firms engaged in legitimate trade with Asia, guided by customer, compliance and risk considerations.

RD Technologies CEO Rita Liu highlighted that the partnership combines the bank’s domestic capabilities with the firm’s digital‑asset platform and Asian market connectivity to explore a secure, compliant settlement route.

If successful, the pilot could provide Ghanaian exporters and importers an alternative to traditional correspondent‑bank channels, though no launch date has been set and commercial rollout depends on regulatory clearance and pilot outcomes.