Crypto’s Next Billion Users Are in the Global South, Says Deobank WeFi CEO
WeFi CEO Maksym Sakharov argues that cryptocurrency's Wall Street obsession is diverting attention from real adoption in emerging markets. Stablecoins in Lagos and inflation hedges in Buenos Aires demonstrate crypto's role as a survival tool rather than a speculative asset.
The next wave of growth will come from the unbanked, Sakharov predicts. Remittances, savings, and trade are driving organic adoption in Africa, Asia, and Latin America—regions where traditional finance has failed.
"The industry's institutional focus created blind spots," Sakharov told Cryptonews. While Wall Street demanded custody solutions and tokenized assets, millions adopted lightweight mobile tools for daily needs. This grassroots adoption reveals crypto's true disruptive potential.