Inflation, dollar shortage. The use of stable currencies as fuel in sub-Saharan Africa

Stablecoins are growing in popularity in 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 see stablecoins as a reliable way to store value and make international payments. Stablecoins as a store of (…)