Stablecoins Are the Future of Financial Inclusion, Says to D24 Fintech Group
- Stablecoins account for approximately 43% of cryptocurrency transactions in Sub-Saharan Africa.
- Global currency devaluations are impacting financial well-being, leading individuals to seek alternatives.
- Exchange-rate plunges in Africa's largest economies are lowering confidence in national currencies.
While the potential of stablecoins to drive financial inclusion in emerging markets is promising, it is essential to address the educational gaps and technological barriers that currently hinder their adoption. Collaboration between governments, tech developers, and financial institutions will be key to unlocking this potential and ensuring that underserved communities can benefit from these innovations.
