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Every import is a payment out of one country and every export a payment into another. The licensed companies that move those payments are starting to settle them in stablecoins, across several providers and chains at once. Corridor is the ledger they run that on.

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The size of the flow

B2B stablecoin payments are already the largest kind of real stablecoin payment, and they are still under 1% of cross-border B2B flow. The room to grow is in exactly the segment Corridor serves: licensed companies paying businesses across borders.
McKinsey and Artemis separate real payments from the much larger headline stablecoin volume (up to $35T a year), most of which is trading and internal transfers. Corridor sizes against real payments only.

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Why start in Africa

Africa’s corridors are the hardest version of the problem, which makes them the best place to prove the product:
  • Expensive and slow: some of the most expensive payment journeys in the world, with T+1 to T+3 settlement through correspondent banks.
  • Already on stablecoins: $205B moved on-chain in Sub-Saharan Africa last year, up 52%, and 43% of the region’s volume is stablecoins. See First market: Africa.
  • Many providers per payout: remitters and business-FX firms already combine several stablecoin providers and local payout partners, so the reconciliation problem is acute.
  • Trade in both directions: diaspora and B2B payouts into Africa, and importers paying suppliers in China, India, the UAE and the Americas.

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How it expands

The product is not regional. A corridor is just a currency pair, the Corridor Reference already encodes 32 currencies across four regions, and each new payout or liquidity partner is one adapter that reaches every existing customer.
1

Europe → Africa

Licensed remitters and payout companies, starting with EUR → NGN.
2

Africa → Asia

Importers paying suppliers in China and Hong Kong (NGN → CNY), on the same integration.
3

Along the trade routes

Latin America, the Middle East and South and Southeast Asia, wherever licensed companies settle cross-border B2B payments in stablecoins across more than one provider.