Pesabase is a blockchain-based remittance and payments platform focused on East Africa, built on the Stellar network. It lets users send cross-border money and convert between crypto and local mobile-money systems (such as M-Pesa), aiming to cut the cost of remittances for African users — a payments/remittance service rather than an order-book exchange.
Key Facts
| Item | Details |
|---|---|
| Region | East Africa (Kenya/Tanzania) |
| Type | Remittance & payments |
| Blockchain | Stellar |
| Integrations | Mobile money (e.g. M-Pesa) |
| Focus | Low-cost cross-border |
Pros & Cons
Pros
- Low-cost cross-border remittance
- Stellar-based settlement
- Mobile-money integration
- East-Africa focus
Cons
- Limited asset selection
- Regional availability
- No public market-data API for aggregation
Summary
Pesabase uses Stellar to make East-African remittances cheaper and bridge crypto with mobile money. Useful for transfers, but a payments service rather than a crypto trading venue.