Sidebar: Inside Minipay’s $40M stablecoin strategy For Minipay, stablecoins aren’t just a product but the foundation for cross-border payments, savings, and financial inclusion in a fragmented continent.
Why Africans should embrace crypto to safeguard savings against inflation and currency devaluation Crypto is helping Africans protect themselves from the harsh realities of inflation via saving in assets like stablecoins.
Coinbase taps Yellow Card as on- and off-ramp partner for African expansion Starting in February, Coinbase users in 20 African countries can buy USDC directly from the Coinbase Wallet App.
Nigeria received nearly $60 billion in crypto value in a year Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.
Inflation in Africa: Latest data shows worsening figures across the board Figures show 50% of countries with available data experienced an increase in consumer prices in March.
Inflation in Africa: Many countries continue to witness historically high consumer prices While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.
60% of African countries recorded lower consumer prices in December Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.