Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin – Crypto News Bitcoin News

Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin - Invest In Crypto News

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Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin – Crypto News Bitcoin News

A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and South Africa lead the […]

The Future of FX in Africa: Stablecoins and Over-the-Counter (OTC) Trading Take Centre Stage

Stablecoins now represent 43% of all cryptocurrency transactions in Sub-Saharan Africa, marking a significant increase from previous years DUBAI, United Arab Emirates, August 12, 2025/APO Group/ –A new report titled “The Rise of OTC and Stablecoins: Africa’s Quiet FX Revolution” sheds light on a transformative shift in how cross-border transactions are conducted across Sub-Saharan Africa. The findings reveal a surge in the adoption of stablecoi…

OTC Crypto Trading, Stablecoin adoption and Shiting Regulations: Africa's Silent Journey

In Brief OTC crypto trading offers Africa secure, compliant, large-volume transactions while reducing FX volatility through stablecoin settlements. Regulatory shifts in South Africa, Nigeria, and others are legitimizing OTC desks, attracting institutional adoption. Local stablecoins and programmable finance are fast-tracking cross-border payments and financial inclusion. Quidax’s recent report titled: The Rise of OTC and Stablecoins- Africa’s…

REPORT | Stablecoins Now Account for 43% of All Sub-Saharan Crypto Transactions, Says Quidax

Africa’s cryptocurrency journey has evolved far beyond retail speculation. What started as a hedge against inflation and capital controls is now a critical enabler of cross-border trade, treasury operations, and institutional payments. According to the new report, The Rise of OTC and Stablecoins – Africa’s Quiet FX Revolution, global OTC crypto volumes surged 106% year-on-year in 2024, driven by a 147% rise in stablecoin activity. This growth is…