Africa Races Ahead in Stablecoin Use: Here's Why It Matters for the Continent

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Africa Races Ahead in Stablecoin Use: Here's Why It Matters for the Continent

Those are the two core drivers [of stablecoin adoption in Africa]: people that are trying to protect themselves against local currency devaluation and people trying to preserve more of their money when they're sending it either into Africa or across Africa and do that much, much faster.

#AfricanCurrents turned to Brenton Naicker, Principal and Head of Growth at CV VC in Cape Town, South Africa, about what’s driving Africa’s rapid adoption of digital tokens and the broader implications for the continent’s financial and economic landscape.

Don’t miss the inside story on Africa’s rapid blockchain revolution!

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