Stablecoins make up 43% of Africa’s ‘crypto’ transactions in 2024

Stablecoins have become the lifeblood of Africa’s digital asset revolution, and in 2024, they accounted for nearly half of all digital currency transactions, a new report has revealed.

The State of Stablecoins report by Yellow Card exchange revealed that stablecoins have recorded explosive growth in Sub-Saharan Africa, where their use cases have expanded rapidly beyond the digital currency ecosystem into payments and cross-border transfers.

Last year, stablecoins accounted…

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