Stablecoins Gain Ground as Africa's Crypto Use Hits US$205 Billion

Are Stablecoins Quietly Powering Africa’s Crypto Growth?

Over the years, crypto adoption has moved from niche to mainstream, with numbers showing just how much people are beginning to trust digital assets. That same trust has also pushed many countries to launch their own central bank digital currencies, or CBDCs.Of course, part of that comes from a desire for control, and maybe a slice of the growing digital transaction pie, but it still shows how far crypto adoption has come, especially in the stabl…

Stablecoins Gain Ground as Africa's Crypto Use Hits US$205 Billion

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/stablecoins-gain-ground-as-africas-crypto-use-hits-us205-billion/Africans are increasingly turning to stablecoins for everyday transactions, from paying bills to protecting savings from inflation, as the continent’s cryptocurrency market surged 52 percent to reach $205 billion in on-chain value over the past year. The growth, documented in Chainal…