Cryptocurrencies designed to maintain a stable value by pegging them to a reserve asset, often used for transactions and savings.
Stablecoins Are the Future of Financial Inclusion, Says to D24 Fintech Group
Stablecoins account for approximately 43% of cryptocurrency transactions in Sub-Saharan Africa. Global currency devaluations are impacting financial well-being, leading individuals to seek alternatives.
Revolutionizing Africa with Blockchain: Key Applications and Innovations
Blockchain technology holds potential benefits for various industries in Africa, particularly in simplifying payment systems and improving remittance transactions. Cryptocurrencies like Bitcoin and stablecoins are gaining popularity as means of payment.
