NoOnes’ data shows a gap in Western fintech views: USDT trading is up, but crypto card use is stagnant. This analysis highlights stablecoin adoption in Africa, explaining why users convert USDT to mobile money for capital preservation instead of dealing with global card fees.
Africa’s cross-border payment landscape is undergoing a radical shift as Onafriq integrates Conduit’s stablecoin infrastructure. By utilizing USDC for treasury settlement, the partnership bypasses the $5B annual friction of correspondent banking. This transition offers businesses same-day payouts and just-in-time liquidity, moving stablecoin payments from the fringes of retail crypto into the core of African B2B trade.
The latest SARB stablecoin warning from Governor Lesetja Kganyago reveals a growing fear that digital dollars could “break apart” South Africa’s monetary unity. With 7.8 million local users and a legal vacuum following a major court defeat, the SARB is fighting to regain control. This analysis explores the rise of ZARU, the threat of digital dollarization, and the high-stakes legal battle coming to the SCA in 2026.
South Africa didn’t write new crypto laws, it integrated digital assets into existing financial frameworks. Now 300 licensed providers serve 6M users.
Nigeria’s Securities and Exchange Commission has transformed crypto oversight from ad-hoc bans to a structured regime. New SEC crypto regulations require ₦500M capital, monthly tax reporting to FIRS, and licensing through the ARIP program.
Jack Dorsey is betting that cross-border payments can be made cheaper and easier to integrate without recreating the “centrally” dominated crypto and fiat rails. On December 1, 2023, Block Inc.’s tbDEX protocol went live in Africa through Yellow Card as its first major Participating Financial Institution (PFI), and later with Chipper Cash joining the network. This is…
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