Nigeria Leads Sub-Saharan Africa’s Crypto Market with $92B
by Africa’s crypto market is rapidly evolving, with Nigeria emerging as a powerhouse in Sub-Saharan Africa, boasting a staggering $92 billion valuation, according to a report …
Tag: digital currency Africa
Ripple Rolls Out $700M RLUSD in Africa, Pilots Climate Risk Insurance
Ripple, the global blockchain payments giant, has taken a bold step in Africa. The company launched $700 million worth of RLUSD stablecoins on the continent. …
M0 Raises $40M to Drive Stablecoins in Africa
M0, a crypto startup focused on stablecoin infrastructure, has raised $40 million in a Series B funding round. This financing will accelerate its vision of …
Africa Made Up 6.7% of Global Stablecoin GDP in 2024 – IMF
The International Monetary Fund (IMF) has released a new working paper that reveals Africa’s significant presence in the global stablecoin economy. In 2024, Africa accounted …
Blockfinex Unveils DollarCoin to Empower Africans
Blockfinex, a global cryptocurrency exchange, has launched DollarCoin (USDR), a U.S.-regulated stablecoin pegged 1:1 to the U.S. Dollar. This major initiative directly aims to empower …