Stablecoins, not Bitcoin, are winning Africa: Yellow Card CEO on Africa’s crypto shift

Yellow Card reports that Tether (USDT) accounts for 99% of transactions, demonstrating a shift from Bitcoin to stablecoins due to financial necessity in Africa.

As regulations in Africa improve, Yellow Card is actively influencing laws, particularly in key markets like Kenya and Morocco, enabling a more robust crypto environment.

The company foresees a significant decline in traditional payment systems like SWIFT, aiming to enhance financial access for those without banking facilities.

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