https://en.sputniknews.africa/20261111/stablecoins-and-africas-quest-for-greater-financial-autonomy-1090813493.html
Stablecoins and Africa’s Quest for Greater Financial Autonomy
Stablecoins and Africa’s Quest for Greater Financial Autonomy
Sputnik Africa
Stablecoins are creating new possibilities for international payments, trade and access to foreign currencies. Across Africa, their growing use is opening... 11.11.2026, Sputnik Africa
2026-11-11T12:44+0100
2026-11-11T12:44+0100
2026-11-11T12:44+0100
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Stablecoins and Africa’s Quest for Greater Financial Autonomy
Sputnik Africa
Stablecoins are creating new possibilities for international payments, trade and access to foreign currencies. Across Africa, their growing use is opening opportunities for individuals and businesses while raising important questions about financial independence and the future of cross-border transactions.
Global South Pole spoke with Franklin Peters, a Nigerian technology entrepreneur and co-founder and CEO of BoundlessPay, to examine the opportunities stablecoins present for African economies and their potential to transform international payments.Peters explained that stablecoins could broaden access to foreign exchange beyond traditional financial channels, giving individuals and small businesses greater flexibility in managing their money and participating in international transactions. He argued that this accessibility could empower more people, including those outside major urban centers, to diversify their financial options and overcome some of the restrictions associated with conventional currency payments.To listen to the whole discussion, tune in to the Global South Pole podcast, brought to you by Sputnik Africa.In addition to the website, you can also catch our episodes on Telegram.► You can also listen to our podcast on Apple Podcasts, Spotify, Deezer, Castbox, Pocket Casts, Afripods, Podcast Addict, Overcast, and Mave Stream.► Check out all the episodes of Global South Pole
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podcasts, africa, cryptocurrencies , finance, economy, de-dollarization, us sanctions, us dollar, yuan, digital coins, digital technology , technology, nigeria, alternative currency, local currency, currency, аудио
podcasts, africa, cryptocurrencies , finance, economy, de-dollarization, us sanctions, us dollar, yuan, digital coins, digital technology , technology, nigeria, alternative currency, local currency, currency, аудио
Stablecoins and Africa’s Quest for Greater Financial Autonomy
Aliyu Bello
Correspondent, Podcast Host
Stablecoins are creating new possibilities for international payments, trade and access to foreign currencies. Across Africa, their growing use is opening opportunities for individuals and businesses while raising important questions about financial independence and the future of cross-border transactions.
Global South Pole spoke with Franklin Peters, a Nigerian technology entrepreneur and co-founder and CEO of BoundlessPay, to examine the opportunities stablecoins present for African economies and their potential to transform international payments.
Peters explained that stablecoins could broaden access to foreign exchange beyond traditional financial channels, giving individuals and small businesses greater flexibility in managing their money and participating in international transactions. He argued that this accessibility could empower more people, including those outside major urban centers, to diversify their financial options and overcome some of the restrictions associated with conventional currency payments.
"Countries have found a way to move away from their dependence on some country out there and gradually started building their own GDPs. Look at what’s happening in the Sahel-Savannah region, where the countries are building their internal systems to be self-sustained. Other countries are doing the same. And the focus on the petrodollar is gradually shifting. There are so many other things that are building wealth for nations right now. People are now moving away from fully depending on the petrodollar into focusing on the digital economy. [...] And one way to achieve that would be to move towards an independent form of currency, where, of course, USDT and stablecoins come into play," Peters emphasized.
To listen to the whole discussion, tune in to the
Global South Pole podcast, brought to you by
Sputnik Africa.In addition to the website, you can also catch our episodes on
Telegram.► Check out all the episodes of Global South Pole 
