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.
Sub-Saharan Africa
Western Union is working on stablecoin settlement systems in Africa — CEO
The tradFi giant sees stablecoins as an opportunity to innovate rather than as a threat, CEO Devin McGranahan said.
Xend Finance users can now invest in tokenized U.S. assets via Risevest — but regulation limits access across Africa
The partnership will allow Xend Finance’s users earn yields from investments in US stock market options and RWAs through Risevest
Crypto theft soared to all-time high in H1 2025 – Chainalysis
Spurred by the unprecedented hack of global exchange Bybit earlier in the year, crypto crime is on par to eclipse recorded volume.
The African blockchain funding scene: More deals, less dollars
Nigeria saw the most deals done, but Seychelles maintained top spot in terms of deal value.
Nigerian blockchain startups raised $20M in 2024, claims 3% of global developers — Report
The report dubbed the Nigeria Web3 Landscape Report says 3% of global blockchain developers are in Nigeria.
Tether stablecoin sees increased usage in Africa since January — Chainalysis
This development confirms the growth in the USDT-dominated stablecoin market in Africa since 2022.