Live rates
USDC → EURC0.9214 +0.18%
USDC → XSGD1.3408 -0.04%
USDC → BRLA4.9721 +0.42%
XSGD → TGBP0.5812 +0.15%
USDC → EURC0.9214 +0.18%
USDC → BRLA4.9721 +0.42%
USDC → XSGD1.3408 -0.04%
EURC → GBPA0.8403 -0.22%
USDC → MXNB19.94 +0.31%
USDC → KRWO1,384 -0.07%
USDC → JPYC152.41 +0.14%
USDC → NZDD1.6720 -0.08%
USDC → CCHF0.8812 +0.05%
USDC → CADC1.3712 -0.12%
USDC → EURC0.9214 +0.18%
USDC → XSGD1.3408 -0.04%
USDC → BRLA4.9721 +0.42%
XSGD → TGBP0.5812 +0.15%
USDC → EURC0.9214 +0.18%
USDC → BRLA4.9721 +0.42%
USDC → XSGD1.3408 -0.04%
EURC → GBPA0.8403 -0.22%
USDC → MXNB19.94 +0.31%
USDC → KRWO1,384 -0.07%
USDC → JPYC152.41 +0.14%
USDC → NZDD1.6720 -0.08%
USDC → CCHF0.8812 +0.05%
USDC → CADC1.3712 -0.12%
Coverage/USD ↔ KES
Corridor · Americas ↔ Africa

🇺🇸USD to 🇰🇪KES

Kenya's M-Pesa rails are the most penetrative mobile-money network on earth. Sera bridges global stablecoin liquidity into M-Pesa for the first time at protocol scale.

Indicative LP APYHot
12.4%
Swap fee
12 bps
Spread
10 bps
30D volume
$680K
Utilization
59%
Settlement
Sub-second on-chain · ~30s door-to-door
Status
Q2 2026

Indicative figures from trailing 30-day flow. Not a guarantee of returns. See full disclaimer below.

End-to-end flow

How a USDKES payment moves through Sera.

USD via ACH → USDC → routed against KES liquidity → KES via M-Pesa or PesaLink to recipient phone or bank.

End-to-end corridor
USD → KES · live corridor
🇺🇸Fiat inUSD via FedNowVirtual account
StablecoinUSDCMint / deposit
Sera FXUSDC → USDCSub-second swap
StablecoinUSDCSettlement
🇰🇪Fiat outKES via M-PesaPayout rail
Supported rails

Real-time on both sides.

Sera plugs into the local instant-payment networks on both ends so the flow stays settled in seconds, not days.

🇺🇸
USD · United States
US Dollar
Bridge · USDC
  • FedNow
    24/7/365
    Real-time
  • ACH
    Same-day & next-day
    Same-day
  • Fedwire
    Wire
🇰🇪
KES · Kenya
Kenyan Shilling
Bridge · USDC
  • M-Pesa
    Mobile money, dominant
    Real-time
  • PesaLink
    Bank-to-bank
    Real-time
Top use cases
  • Diaspora remittance to Kenya
  • USD payouts to creators
  • M-Pesa cash-out
LP economics

You earn the FX spread on every USD/KES swap.

Deposit USDC or USDC (or any major stablecoin, Virtual Liquidity does the conversion) and you start collecting 12 bps fees on routed volume in proportion to your share of the pool. 80% of the swap fee accrues to LPs; 15% to protocol; 5% to safety reserve.

Deploy Liquidity → USD/KES
Risk notes, USD/KES

Highest yields on this list; also highest stablecoin-side concentration. LPs should size accordingly. CBK licensing handled by Sera partners.

Indicative APY shown is illustrative only and based on trailing 30-day flow. Yields are not guaranteed and may be lower or zero. Liquidity provision involves risk including loss of principal, smart-contract risk, oracle risk, and adverse FX movement. Not investment advice.