Africa Is Quietly Becoming the World’s Toughest Test Lab for Stablecoins as Real Payment Infrastructure

For years, when people talked about stablecoins, they were really talking about crypto markets. Regulators in Washington debated whether dollar-backed tokens threatened monetary sovereignty, and traders used them mainly as a safe harbor to sit in between volatile crypto trades. Thousands of miles away, a very different story has been building, and increasingly, Africa rather than the US or Europe is where that story is playing out.