The founder of an African stablecoin association said he supports BitMEX founder Arthur Hayes’ claim that one-third of Nigeria’s GDP is conducted in USDT. He emphasized that stablecoins are a vital economic lifeline for emerging markets and marginalized communities. Stablecoins an Economic Lifeline A founder of a Nigerian stablecoin platform has backed BitMEX founder Arthur […]
Source link

Chain Articles > Blog > Bitcoin > Africa’s Stablecoin Boom: An ‘Economic Lifeline’ for Emerging Markets
Africa’s Stablecoin Boom: An ‘Economic Lifeline’ for Emerging Markets
posted on
You Might Also Like
Africa Crypto News Week in Review: South Africa Crypto Payments Spike, Kenya Scraps Crypto Tax as Yellow Card Boosts Stablecoin Use
Jack DaviesJune 29, 2025
In the latest Africa crypto news: South Africa crypto payments hit 2M Rand monthly as Kenya eliminates its 3% crypto...
If Institutions Are Buying Why Isn’t The Bitcoin Price Going Up?
Jack DaviesJune 29, 2025
ETF inflows and institutional purchases continue to climb, yet many investors are puzzled by the muted Bitcoin price action. With...
Latam Insights: Meliuz Surges as Bitcoin Power, Crypto Adoption Rises Sky High in Bolivia
Jack DaviesJune 29, 2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In...
Is Little Pepe Changing the Meme Coin Game? Here’s Why It’s Different
Jack DaviesJune 29, 2025
Remember when Dogecoin first hit the scene? Nobody expected a joke coin to become worth billions. Now there’s another frog...