Posted inAfrica Opinion Stablecoins
IMF Warns Stablecoin Growth Could Threaten Monetary Stability as African Usage Rises to 1.5%
A new IMF report warns that fast-rising stablecoin adoption, especially in emerging markets, could undermine…
Posted inAfrica Blockchain Crypto Events Stablecoins
Flutterwave, Polygon Launch Stablecoin Payment Network Across Africa
Flutterwave and Polygon have teamed up to launch a stablecoin-powered payment network, revolutionizing cross-border transactions…
Posted inEvents NEWS Regulations Stablecoins
CBN Sets Up Working Group to Explore Stablecoin Adoption in Nigeria
Nigeria’s Central Bank has formed a special team to study stablecoin use, regulation, and impact…
Posted inAcademy Stablecoins
Stablecoins: The Anchor of the Crypto Economy
Stablecoins bridge crypto and traditional finance, offering digital stability in volatile markets by pegging value…
Posted inAfrica Crypto Economy Regulations Stablecoins
Moody’s Warns Stablecoin Adoption Threatens Monetary Stability in Emerging Markets
Moody’s warns stablecoin adoption in emerging markets risks weakening monetary control, fueling capital flight, and…
Posted inBitcoin Economy Exchange NEWS Stablecoins
Bitcoin Holds Above $112K as ETF Inflows, Corporate Buying Offset Market Weakness
Bitcoin trades above $112K despite weekly losses, with ETF inflows and corporate accumulation signaling bullish…
Posted inAfrica Crypto Economy Events Stablecoins
Ripple Expands RLUSD Stablecoin to Africa Through Chipper Cash, VALR, and Yellow Card
Ripple launches its U.S. dollar stablecoin RLUSD in Africa, boosting payments, liquidity, and humanitarian aid…
Posted inAfrica Banking Crypto Economy Stablecoins
Stablecoin Adoption Surges Amid USD Crises in Egypt, Nigeria, and Argentina
Stablecoins hit $35B in volumes as Egypt, Nigeria, and Argentina face currency collapse, inflation, and…
Posted inAfrica Crypto Press Release Stablecoins
Nigeria Tops Africa’s Stablecoin Market With $22B Transactions
Nigeria leads Africa’s stablecoin boom with $22B transactions, driving innovation, financial inclusion, and transforming cross-border…
Hong Kong Considers Bill to Regulate Stablecoins
Hong Kong plans to introduce new rules to regulate stablecoins (a type of cryptocurrency tied…
Posted inBitcoin NEWS Stablecoins
‘Uptober’, Tether’s USDT reaches $120B market capitalization
According to Tether's website, which tracks updates and performance of their stablecoin, the USDT, in…
Posted inCrypto NEWS Stablecoins Trading
BlackRock pitches BUIDL for derivatives collateral to crypto exchanges
BlackRock, a top Bitcoin ETF issuer, has made known its plan with Securitize to integrate…
Posted inCrypto NEWS Regulations Stablecoins
African nation of Eswatini releases design for tokenized retail CBDC
The Central Bank of Eswatini, a small country between South Africa and Mozambique, has presented…
Posted inBlockchain Crypto NEWS Stablecoins
TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks
Driven by the network’s increasing stablecoin activity and efforts to tap into the growing memecoin…
Posted inCrypto Economy NEWS Stablecoins
Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance
Like an inverse proportion, Nigeria and Ethiopia are suffering a decrease in the value of…
Posted inCrypto NEWS Stablecoins
Nigerian remote workers prefer to be paid in stablecoins
Nigeria has consistently ranked high in global cryptocurrency adoption. A recent Chainalysis report confirms that…
Posted inCrypto NEWS Stablecoins
Ethena Labs launches new UStb stablecoin backed by BlackRock’s BUIDL
On Thursday, the 26th, Ethena Labs, developer of the decentralized stablecoin protocol Ethena, revealed that…
Posted inEconomy NEWS Stablecoins
New Report: Nigeria and Others Top in CBDC Global Adoption
About 134 countries, constituting 98% of the representing 98% of global GDP, are currently exploring…
Posted inCrypto NEWS Stablecoins
The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO
The company behind the world’s second-largest stablecoin, Circle Internet Financial, is moving its global headquarters…
Posted inCrypto NEWS Stablecoins
Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit
Tether, the largest issuer of stablecoins, has released a report highlighting its remarkable profit of…
Posted inCrypto NEWS Stablecoins
Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B
The current Coingecko State of Stablecoins 2024 report shows that fiat-backed stablecoins with $161.2B Markets…
Posted inExchange NEWS Stablecoins
Paystack parent company, stripe to bring back crypto payments in a new partnership
Stripe, an online payment processing solution for accepting payments with different payment methods, now including…
Posted inNEWS Stablecoins Trading
Stablecoins Surpasses Bitcoin As The Preferred Currency For Illicit Transactions
A Chananalysis report has revealed that stablecoins have now become the digital currency of choice…
Posted inFintech NEWS Regulations Stablecoins
African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval
This comes a few days after there were reports that it will be launching the…
Posted inNEWS Stablecoins
New Holders Emerge For PYUSD as its supply skyrockets by 49%
$PYUSD holders have risen by a whopping 55% in October 2023. But 99.95% of its…