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Technology · NairobiHoneyCoin, a Nairobi-based fintech startup, this week raised $4.9mn in seed funding to expand its stablecoin-powered payment rails into new African, ...See the Story
Kenya’s HoneyCoin Raises $4.9mn to Expand Stablecoin Payment Infrastructure Across Emerging Markets
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Cryptocurrency · NigeriaA 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 […]See the Story