AXIAN Backs Hamilton Labs to Boost USDh Stablecoin in Africa

Mohammed Fathy

Last updated 30-03-2026

3 min

Hamilton Labs secured AXIAN investment to accelerate its USDh stablecoin growth.

USDh is “fully backed” one-to-one with the US dollar.

Funding will expand fintech integrations, targeting African dollar savings demand.

USDh connects users to “sovereign yield opportunities” via blockchain rails.

Regulatory scrutiny remains, but AXIAN sees digital currencies driving financial inclusion.

Hamilton Labs has secured a strategic investment from AXIAN Investments, the investment arm of Axian Group, in a deal where the financial details were not disclosed. The funding is set to accelerate the growth of USDh, the company’s stablecoin built to open access to sovereign yield opportunities through blockchain rails.

This move marks AXIAN Investments’ second foray into stablecoin infrastructure. And believe it or not, that says quite a bit about how seriously the group is taking digital financial plumbing across emerging markets. Stablecoins may still sound technical to some readers, but at their core, they are digital tokens pegged to traditional currencies. In this case, USDh is fully backed and redeemable one-to-one with the US dollar.

The fresh capital will allow Hamilton Labs to expand its integrations with fintech platforms, with a focus on individuals and businesses across Africa looking for USD-denominated savings options. For many across the continent, access to stable dollar savings is not exactly straightforward. It can be expensive, bureaucratic, and sometimes simply out of reach. I’ve met founders from North and Sub-Saharan Africa who told me, almost with a sigh, how holding value in local currency during volatile periods can feel like running uphill. So the promise of something more stable, if done right, can be a game changer.

Mohamed El Qasstawi, Co-founder and CEO of Hamilton Labs, said that for millions of Africans, access to the US dollar and dependable savings tools remains limited. He noted that programmable dollars like USDh could widen the door to global financial infrastructure, helping people protect and grow their savings regardless of geography.

USDh aims to connect users in emerging markets to sovereign yield opportunities, traditionally reserved for large institutional investors. These yields stem from the global sovereign debt market, which exceeds $100 trillion in size. That figure alone is enough to make you pause. For retail users to tap into even a fraction of that ecosystem through blockchain-based products would have seemed far-fetched a few years ago. Now, it’s edging closer to reality.

On the flip side, stablecoins and digital assets continue to attract regulatory scrutiny worldwide, and I’m not a fan of glossing over those complexities. Trust and transparency will be spot on if projects like this want to scale sustainably.

Hassan Mohieddin, CEO of Financial Services at AXIAN, expressed confidence in digital currencies as a catalyst for financial inclusion, saying the group is pleased to add Hamilton Labs to its portfolio. He highlighted AXIAN’s broader mission to empower African markets through fintech solutions that are accessible, secure and rewarding.

To date, AXIAN Investments has backed 33 startups and invested in 38 funds, underlining its active role in supporting innovation across Africa. Around here at Arageek, we keep seeing more crossover between African fintech ambition and MENA-based founders exploring similar infrastructure plays. It’s definately not just a passing trend.

If Hamilton Labs executes well, USDh could become more than just another stablecoin in a crowded space. It could serve as a practical bridge between everyday savers and a global debt market that, until now, has felt worlds away. And for many entrepreneurs navigating currency risk, that would be more than welcome, it would be long overdue.

🚀 Got exciting news to share?

If you're a startup founder, VC, or PR agency with big updates—funding rounds, product launches 📢, or company milestones 🎉 — AraGeek English wants to hear from you!