Kenya Ranks Fifth In Crypto As Stablecoin Use Surges | Dawan Africa
Kenya, 13 December 2025 – Kenya has quietly emerged as one of the world’s most active cryptocurrency markets, ranking fifth globally in crypto transaction volumes, driven largely by the rapid uptake of stablecoins.
The ranking, drawn from global exchange data, places Kenya alongside countries such as the United States, Nigeria, and Vietnam, underscoring how deeply digital assets have penetrated everyday financial activity in the country.
At the heart of this growth are stablecoins such as USDT and USDC, digital currencies pegged to the US dollar. Their stability has made them increasingly attractive for remittances, cross-border trade, merchant payments, and informal savings, particularly in an economy where businesses and households…
