Africa: Nigeria Leads Africa in Stablecoin Adoption With $22bn in Transactions
you are currently viewing::Africa: Nigeria Leads Africa in Stablecoin Adoption With $22bn in TransactionsAugust 24, 2025--Nigeria has emerged as the largest stablecoin market in Africa, with nearly $22 billion in transactions recorded between July 2023 and June 2024. This was stated in the latest report released by Yellow Card titled, 'Stablecoin Adoption in Emerging Markets - The Report for Global Business Leaders'. The report which is Yellow Card's third and final report for 2025 underscores the exponential growth of stablecoins globally, from a market cap of $5 billion in 2020 to $230 billion as of May 2025. Source: allafrica.com |
December 15, 2025-The Johannesburg Stock Exchange listed three new exchange-traded funds, giving South African investors broader access to global equities, multi-asset strategies, and international property markets, per African Markets report.