Inflation and dollar shortage fuel stable coin use in sub-Saharan Africa

Stablecoins are growing in popularity in sub-Saharan Africa, accounting for 43% of crypto transactions, compared to 18.1% for Bitcoin. This trend is driven by the instability of local currencies and limited access to the US dollar. Businesses and individuals view stablecoins as a reliable way to store value and make international payments. Stablecoins as a store of (…)



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