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Stablecoins gain ground in African trade but face hurdles to wider use

Stablecoins gain ground in African trade but face hurdles to wider use
Photo: TechCabal · view original

Stablecoins are giving African businesses an alternative way to pay overseas suppliers, but costs, security concerns and fragmented blockchain networks remain obstacles to wider use, industry executives told Moonshot by TechCabal in Lagos. Speaking on a panel titled, “Where Are Stablecoins Creati...

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