Inside the Race to Modernize African Money Movement
On-chain volumes are starting to rival traditional remittance flows as stablecoin remittances become more popular in Africa. As Western Union and MoneyGram introduce new products to serve an evolving $56 billion remittance market, the groundwork for a new financial system is being laid. This article takes a look at the data, technology and regulatory complexities shaping this transformation. This article explores the data, the technology, and the regulatory complexities defining this shift.