AXIAN Investment, the venture capital arm of the AXIAN Group, has committed an undisclosed investment to Hamilton Labs to support the large-scale deployment of its USDh stablecoin, a permissionless digital dollar designed to provide on-chain access to sovereign yield opportunities.

This is AXIAN’s second investment in stablecoin infrastructure, reflecting its ongoing focus on digital financial solutions for emerging markets.

The funding will enable Hamilton to expand through integrations with fintech platforms, serving African consumers and businesses seeking dollar-denominated savings tools.

“For millions of people in Africa, access to stable dollars and reliable savings tools remains limited,” said Mo Kasstawi, co-founder and CEO of Hamilton. “We believe programmable dollars like USDh can broaden access to the global financial infrastructure and help individuals protect and grow their savings, wherever they are.”

Through its permissionless USDh stablecoin, pegged 1:1 to the US dollar and fully redeemable, Hamilton connects emerging markets to sovereign yield opportunities historically reserved for institutional investors. These opportunities exist within a global sovereign debt market exceeding $100 trillion.

“We are pleased to welcome Hamilton to our portfolio because we believe in the potential of digital assets,” said Hassane Muhieddine, CEO of AXIAN Financial Services. “They are a key lever to support financial inclusion in Africa and beyond. Our mission at AXIAN is to strengthen African markets through accessible, efficient, and secure fintech solutions.”