IMF flags stablecoin risks, reiterates need for tighter crypto regulation
The IMF says stablecoin issuance has grown to $300 billion in 2025, but increased adoption poses financial risks if left unchecked.
Stablecoins
New South African stablecoin goes live on Luno
Dubbed the ZAR Supercoin, the stablecoin designed and developed by New York-listed Super Group, is backed by cash reserves in Absa bank.
Why Yellow Card shuttered its retail business
Yellow Card told Mariblock that the decision was driven by strong, growing demand for stablecoin-fiat payment services.
USD stablecoins can undermine African monetary sovereignty — SARB Governor
Lesetja Kganyago says he is unconvinced by the supposed stability of USD-pegged stablecoins and believes their backing can be called into question
Flutterwave taps Polygon for stablecoin-powered cross-border payments
While the full rollout is scheduled for 2026, a pilot program of the product feature is expected to run its course before the end of the year.
Stablecoin flows in Africa hit 6.7% of GDP in 2024 – IMF
Only Latin America and the Caribbean (7.7%) surpassed Africa in flows relative to GDP.
Sidebar: How governments can solve blockchain problems in Africa — Web3Bridge founder
Ayodeji Awosika, founder of Web3Bridge, believes that 70% of Nigeria’s problems can be solved if the government steps up to fix just education, infrastructure, and travel policies.