Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis
Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-09/01924151-1d75-765f-9364-43ab13145692
Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption.
https://cointelegraph.com/news/currency-devaluation-drives-stablecoin-adoption-sub-saharan-africa
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-09/01924151-1d75-765f-9364-43ab13145692
Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption.
https://cointelegraph.com/news/currency-devaluation-drives-stablecoin-adoption-sub-saharan-africa