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Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa



Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable way to store value and conduct international payments. Stablecoins as a Store of […]



Source: https://news.bitcoin.com/inflation-dollar-shortage-fuel-stablecoin-use-in-sub-saharan-africa/

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