February 2026 marked a turning point: USDC processed $1.26 trillion, overtaking Tether in transfer volume. The divide is clear, USDC dominates institutional payments while Tether rules informal markets. Africa sits at the heart of this shift, proving how regulated digital dollars work in practice. People there are using them for everyday cross-border commerce.
Nigeria and South Africa lead global stablecoin adoption, but this utility story spans the entire continent. Driven by extreme currency devaluations and the world’s highest cross-border remittance fees, Africans use dollar-pegged assets as essential financial infrastructure. Discover how businesses and individuals leverage crypto for B2B trade, modern payroll, and daily economic survival across emerging markets.
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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