Thursday June 26, 2025

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

by Terence Zimwara October 4, 2024 1 min read

(Originally posted on : Bitcoin News )

Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable way to store value and conduct international payments. Stablecoins as a Store of […]

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Bitcoin (BTC) $ 107,663.00
Ethereum (ETH) $ 2,452.94
Tether (USDT) $ 1.00
XRP (XRP) $ 2.14
BNB (BNB) $ 645.56
Solana (SOL) $ 143.37
USDC (USDC) $ 0.999890
TRON (TRX) $ 0.272078
Dogecoin (DOGE) $ 0.160397
Lido Staked Ether (STETH) $ 2,450.88
Cardano (ADA) $ 0.557746
Wrapped Bitcoin (WBTC) $ 107,579.00
Hyperliquid (HYPE) $ 37.80
Wrapped stETH (WSTETH) $ 2,949.55
Bitcoin Cash (BCH) $ 493.15
Sui (SUI) $ 2.65
Chainlink (LINK) $ 13.16
LEO Token (LEO) $ 9.00
Stellar (XLM) $ 0.236965
Avalanche (AVAX) $ 17.34
USDS (USDS) $ 0.999802
Toncoin (TON) $ 2.82
WhiteBIT Coin (WBT) $ 47.63
Shiba Inu (SHIB) $ 0.000011
WETH (WETH) $ 2,453.57
Litecoin (LTC) $ 84.98
Wrapped eETH (WEETH) $ 2,620.97
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Hedera (HBAR) $ 0.145568
Monero (XMR) $ 314.63
Ethena USDe (USDE) $ 1.00
Bitget Token (BGB) $ 4.50
Polkadot (DOT) $ 3.32
Coinbase Wrapped BTC (CBBTC) $ 107,716.00
Pi Network (PI) $ 0.559097
Uniswap (UNI) $ 6.89
Pepe (PEPE) $ 0.000009
Aave (AAVE) $ 254.16
Dai (DAI) $ 0.999806
Ethena Staked USDe (SUSDE) $ 1.18
Aptos (APT) $ 4.70
OKB (OKB) $ 50.09
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Bittensor (TAO) $ 320.23
Jito Staked SOL (JITOSOL) $ 173.68
NEAR Protocol (NEAR) $ 2.07
Internet Computer (ICP) $ 4.75
Cronos (CRO) $ 0.081281
Ethereum Classic (ETC) $ 16.25
sUSDS (SUSDS) $ 1.06
Ondo (ONDO) $ 0.744194
Tokenize Xchange (TKX) $ 27.74
USD1 (USD1) $ 1.00
Mantle (MNT) $ 0.611357
Kaspa (KAS) $ 0.075913
Gate (GT) $ 16.19
Fasttoken (FTN) $ 4.43
Cosmos Hub (ATOM) $ 3.95
VeChain (VET) $ 0.020790
Official Trump (TRUMP) $ 8.91
Lombard Staked BTC (LBTC) $ 107,403.00
Artificial Superintelligence Alliance (FET) $ 0.661244
Sky (SKY) $ 0.078124
POL (ex-MATIC) (POL) $ 0.173362
Render (RENDER) $ 3.00
Ethena (ENA) $ 0.251291
Filecoin (FIL) $ 2.23
Arbitrum (ARB) $ 0.302463
Algorand (ALGO) $ 0.173322
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.38
Binance-Peg WETH (WETH) $ 2,451.05
First Digital USD (FDUSD) $ 1.00
Sei (SEI) $ 0.265809
USDtb (USDTB) $ 0.999875
Worldcoin (WLD) $ 0.868147
Quant (QNT) $ 98.43
KuCoin (KCS) $ 11.08
Binance Staked SOL (BNSOL) $ 151.92
USDT0 (USDT0) $ 1.00
NEXO (NEXO) $ 1.19
Jupiter (JUP) $ 0.399362
SPX6900 (SPX) $ 1.26
Rocket Pool ETH (RETH) $ 2,794.59
Flare (FLR) $ 0.017001
Kelp DAO Restaked ETH (RSETH) $ 2,569.21
Kaia (KAIA) $ 0.182165
Injective (INJ) $ 10.88
Celestia (TIA) $ 1.50
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
Bonk (BONK) $ 0.000013
Stacks (STX) $ 0.657575
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
Fartcoin (FARTCOIN) $ 0.976815
Sonic (S) $ 0.307149
PayPal USD (PYUSD) $ 0.999848
XDC Network (XDC) $ 0.058035
Optimism (OP) $ 0.530698
Virtuals Protocol (VIRTUAL) $ 1.42
Mantle Staked Ether (METH) $ 2,623.50
Solv Protocol BTC (SOLVBTC) $ 107,260.00