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Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis

October 2, 2024 by DIGIT
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Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption. 

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Categories Africa, Crypto Adoption, currencies, Ethiopia, Nigeria, South Africa, Stablecoins
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  • rippleXRP(XRP)$2.09-2.09%
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  • bitcoinBitcoin(BTC)$91,104.00-1.68%
  • ethereumEthereum(ETH)$3,144.02-1.11%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.09-2.09%
  • binancecoinBNB(BNB)$895.27-1.65%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$135.99-4.87%
  • staked-etherLido Staked Ether(STETH)$3,140.71-1.06%
  • tronTRON(TRX)$0.2860231.44%
  • dogecoinDogecoin(DOGE)$0.143735-3.84%