Crypto Use Case: Africa Turns to Stablecoins, IOTA to Unlock $70B in Cross-Border Trading

Crypto Use Case: Africa Turns to Stablecoins, IOTA to Unlock $70B in Cross-Border Trading

Formed in partnership with the Tony Blair Institute and the WEF, the initiative aims to overhaul trade with USDT payments across 55 African nations.

ADAPT Digital Platform Hopes to Boost African Trade Using Iota Blockchain - Invest In Crypto News

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Efforts underway to digitize trade in Africa with blockchain, stablecoins

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Africa Turns to Stablecoins and IOTA to Unlock $70B in New Trade Value News ETHNews

Africa’s largest economic integration project, the African Continental Free Trade Area (AfCFTA), is taking a major step toward digital transformation. The bloc has begun adopting stablecoin-powered settlement tools built on the IOTA network, part of a sweeping initiative known as ADAPT, developed with the Tony Blair Institute and the World Economic Forum. The ambition behind the project is bold: double intra-African trade by 2035 and create $23.…

Stablecoins Move Into the Mainstream: What Institutions Expect Next

As policymakers continue to shape their stablecoin plans, Finance Magnates London Summit panellists give a preview of their discussion on financial services use cases and outline some of the challenges to broader retail adoption.The panel on “Stablecoins for a Destabilized World: Use Cases in Financial Services” will feature Jas Shah, Product Strategist and Advisor, Independent; Luke Dorney, Head of Custody, LMAX Group; Andrew Rosoman, Internati…