Sunday June 29, 2025

Africa’s Stablecoin Boom: An ‘Economic Lifeline’ for Emerging Markets

Africa’s Stablecoin Boom: An ‘Economic Lifeline’ for Emerging Markets

by Terence Zimwara June 29, 2025 1 min read

(Originally posted on : Bitcoin News )

The founder of an African stablecoin association said he supports BitMEX founder Arthur Hayes’ claim that one-third of Nigeria’s GDP is conducted in USDT. He emphasized that stablecoins are a vital economic lifeline for emerging markets and marginalized communities. Stablecoins an Economic Lifeline A founder of a Nigerian stablecoin platform has backed BitMEX founder Arthur […]

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