KudiArc/kudi-arc

Stablecoin FX & Remittance Protocol for Africa — Built on Arc Network 🌍 Project Overview # 🟡 Kudi Arc ### Stablecoin FX & Remittance Protocol for Africa — Built on Arc Network **Built on Arc Network · Powered by Circle USDC & EURC** --- > **Swap USDC ↔ EURC · Send to 10 African countries · Earn 4.86% APY via USYC** --- ## What is Kudi Arc? Kudi Arc is an Africa-first stablecoin FX desk and remittance engine built on **Arc Network** — the first blockchain where gas is paid in USDC. No ETH. No friction. Just USDC. We solve three structural failures in African finance: | Problem | Our Solution | Impact | |---------|-------------|--------| | Nigeria forex scarcity (30%+ parallel market premium) | USDC ↔ EURC swap at live rates, 0.30% fee | 10–90× cheaper than the parallel market | | Africa remittance costs avg 8.5% (World Bank) | Crypto-to-fiat payout to 10 countries | Under 1% total cost | | No accessible USD yield for Africans | 4.86% APY via Circle USYC (tokenized T-Bills) | Real returns in a stable currency | **It combines:** On-chain stablecoin swaps · Off-chain fiat settlement · Yield on idle balances --- ## Live Stats — Arc Testnet (May 2026) | Metric | Value | |--------|-------| | Swap Volume: | $63,800+ USDC | | Total Tnx. | 27,000+ | | Active Wallets: | 295+ | | KudiYield TVL: | 6,718+ USYC | | USDC Pool: | 2,000+ USDC | | EURC Pool: | 28,700+ EURC | | 1 USYC Value: | $1.1163 (live via Teller) | --- ## Features ### ⇄ FX Swap (KudiSwap) - Swap USDC ↔ EURC at live market rates - **0.30% fee** — lowest in the market vs 1–5% competitors - Slippage protection (`minAmountOut`) enforced on-chain - 5-minute rate timelock — no surprise rate changes - Real-time NGN equivalent displayed ### 📤 Send Money (KudiSend) - Send USDC or EURC → recipient gets local cash in their bank or mobile wallet - **10 African countries:** 🇳🇬 Nigeria · 🇰🇪 Kenya · 🇬🇭 Ghana · 🇿🇦 South Africa · 🇸🇳 Senegal · 🇨🇮 Côte d'Ivoire · 🇨🇲 Cameroon · 🇹🇿 Tanzania · 🇺🇬 Uganda · 🇷🇼 Rwanda - Powered by Bitnob …