Stablecoins Crush Bitcoin in Sub-Saharan Africa’s Crypto Boom—Here’s Why
Move over, Bitcoin—stablecoins are now the undisputed heavyweight champions of Sub-Saharan Africa's crypto economy. The region's traders and remittance users are voting with their wallets, and the results are brutal for OG crypto.
The dollar-pegged takeover
While Bitcoin maximalists were busy HODLing, Tether and USDC quietly built an empire. African users—facing volatile local currencies and capital controls—found their lifeline in stablecoins' predictability. Who needs 'sound money' when you need actual usable money?
Remittance revolution by stealth
Cross-border payments are getting demolished by $0.01 transfer fees. Traditional banks still charging 5-10% for international transfers might want to check their retirement plans—if they can afford to after this bloodbath.
The cynical kicker
Wall Street's still debating 'crypto utility' while African markets rewrite the rulebook. Maybe the real adoption was the unbanked masses we ignored along the way.
