UBA Mali is promoting this as an app feature. The underlying development is more structurally significant than the promotional framing suggests. BCEAO has achieved something PAPSS and PSDA are still working toward at continental scale. Free, real-time interoperability across banks, fintechs, and mobile money operators, spanning eight countries. That's a genuine win for financial inclusion and cost reduction in the WAEMU zone. But it's worth being precise about why this was achievable here first. WAEMU shares a single currency, the CFA franc. BCEAO didn't have to solve currency conversion, FX liquidity pooling, or cross-jurisdictional settlement risk. The hardest layer of what PAPSS and PSDA are attempting elsewhere on the continent. PI-SPI solved institutional-silo interoperability within a currency union. That's a meaningfully easier problem than solving interoperability across sovereign currencies with independent monetary policy. The lesson for anyone tracking pan-African harmonization: currency union isn't a nice-to-have precondition, it's the variable that made this particular success possible. Continental harmonization efforts without that precondition face a structurally harder version of the same problem.

FinCEN just proposed requiring stablecoin issuers to implement customer identification programs under the GENIUS Act. US-side compliance floor established. The corridor-specific delivery layer. CBN nominee accounts, BoG VASP licensing, BEAC documentation gaps, M-PESA trust batching doesn't harmonize automatically. Compliance at issuance and compliance at delivery are two different problems.