📉 Stablecoins are growing in popularity in Africa amid the devaluation of local currencies. According to Chainalysis, stablecoins account for 43% of transactions in the region. In Nigeria, where the naira is losing value, crypto transactions have reached $59 billion. Ethiopia is also seeing 180% growth per year. Stablecoins are displacing Bitcoin in South Africa, becoming a “game changer” for liquidity management.