If you were on Crypto Twitter yesterday, you saw one clip absolutely everywhere.
Bayomi dropped a 90-second bomb from the Base Batches Demo Day stage at Devconnect Argentina, and the TL hasn't recovered since.
Chibuzo Amadi (@stchibie), founder of Paycrest, walked up and said the quiet part out loud:
"Payments between two African countries still route through New York or London via SWIFT.
That's not infrastructure — that's extraction."
Then he showed exactly how Paycrest is ending that nonsense for good.
In under two minutes he cooked the entire legacy system harder than anyone has in years.
$150 trillion moves cross-border every year on a payment rail built in the 1970s.
Paycrest is the decentralized routing protocol where local liquidity providers compete in real time to fill your payment — instant, secure, trustless, sub-0.1% fees, crypto-to-cash, no middlemen eating 6-12% on African remittances.
The numbers from their 8-month pilot across four African countries are stupid:
- $6M+ in settled volume
- 19,000+ payments processed
- 28 live businesses, 300+ on waitlist
- Payout coverage in 67 countries
And yes, all on Base.
This is what "onchain for the global south" actually looks like when someone ships instead of just tweeting about it.
Chibie closed with the line that had the room (and the TL) losing their minds:
"If you believe the future of finance is multipolar — let's talk."
The clip already has half the ecosystem sliding into Paycrest DMs.
Because when someone finally builds the thing we've all been saying crypto was supposed to fix, you don't ignore it.
You build on it.
Paycrest is live at paycrest.io and they're clearly just getting started.
Africa isn't waiting for permission anymore.
They're routing around the old gates entirely.
And it's beautiful to watch.