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Blockradar Crosses $100M Onchain Volume: Inside the African Startup Quietly Building the Backbone of Stablecoin Infrastructure

by Ifeanyi Abraham
June 24, 2025
in FinTech & Digital Money
Reading Time: 2 mins read
Blockradar Crosses $100M Onchain Volume: Inside the African Startup Quietly Building the Backbone of Stablecoin Infrastructure

Blockradar has quietly crossed a major milestone: over $100 million in total onchain volume processed. Built to solve a pain that many fintechs quietly battle, how to integrate stablecoins into their products without complex tooling, Blockradar is now positioning itself as one of the most important infrastructural layers in African and global crypto.

Born from a deceptively simple idea, Blockradar was designed to make stablecoin infrastructure behave like electricity: present, reliable, and frictionless. In their words, it should feel like a natural extension of the internet. Quiet, reliable, and easy to plug into.

This simplicity belies the complexity of what they are solving. Despite the growth of stablecoins such as USDC, USDT, and others, infrastructure to deploy them inside fintech stacks remains either too bespoke or too fragmented. Most startups resort to patchwork APIs, unreliable bridges, and a tangle of onchain monitors that break under pressure. Blockradar offers a radically different approach: clean interfaces, consolidated observability, and integrations that remove the guesswork from stablecoin payments.

Stablecoins have emerged as the most adopted crypto rails for real-world financial use cases. With $150 billion in total supply and growing usage across remittance, merchant payments, B2B transfers, and treasury operations, their appeal is clear: speed, cost-efficiency, and borderless liquidity. But the elephant in the room remains tooling. While consumer-facing apps like Venmo or Chipper Cash grab headlines, it is backend enablers like Blockradar that determine how wide and deep this financial revolution can go.

The team behind Blockradar includes Co-founder and CEO Abdulfatai Suleiman, a seasoned engineer who previously served as CTO at Lazerpay and worked as a software engineer at Paystack and Patricia. And ex-Coinbase, Uber, and Braintree executive Morgan Williams, the company’s Chief Operating Officer, who recently helped the team win First Place at Crypto Valley Conference 2025.

Which brings us to a question worth asking:

Is there a Coinbase, Circle, or Stripe investment or acquisition in Blockradar’s future?

It would not be the first time a low-key infrastructure startup became the critical plumbing for the next stage of fintech growth. As African crypto matures and global players search for localised infrastructure partners, Blockradar might just be the best bet they have not made yet.

The momentum is building. And Blockradar is no longer just quietly building. They are being noticed.

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Ifeanyi Abraham

Ifeanyi Abraham

Ifeanyi Abraham is a communications strategist, AI product specialist, and award-winning journalist shaping narratives at the intersection of technology, media,...

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