Exploring the Use of Stablecoins in Africa: A Financial Lifeline Against Inflation
Stablecoins like USDT and USDC are transforming financial practices in Nairobi and Lagos, allowing individuals to mitigate inflation and reduce remittance costs.

Stablecoins like USDT and USDC are transforming financial practices in Nairobi and Lagos, allowing individuals to mitigate inflation and reduce remittance costs.
In Nairobi and Lagos, individuals leverage stablecoins for economic resilience amid rising inflation and expensive remittance services.
Bitcoin's recent rise leaves analysts projecting a potential new all-time high, as safe-haven assets gain popularity amidst market uncertainty.
Sui launches stablecoins as confidence in synthetic finance rebuilds, attracting attention to innovative financial engineering.
The Sui blockchain's new stablecoins aim to innovate within the synthetic finance space as the global stablecoin market crosses $300 billion.
Bitcoin reaches a remarkable price of $119,450 as October kicks off with bullish trends and Fed rate cut expectations.

A recent study shows that institutional traders are now responsible for 80% of the total trading volume on Bitget as exchanges vie for professional clientele.
The FDIC's upcoming board meeting will address regulations that may alter the relationship between banks and cryptocurrency businesses amidst ongoing debanking issues.
In the face of rising inflation, Latin American nations are turning to stablecoins and cryptocurrencies as viable alternatives for banking and payments.
Recent market movements show traditional stocks reaching new heights while major cryptocurrencies like Bitcoin and Ethereum struggle to keep pace.
As Bitcoin stabilizes around $115,000, differing views on market strength emerge. Glassnode cautions about profit-taking risks while QCP notes positive ETF inflows.
Citi's new analysis anticipates a decline in ether's value, heavily influenced by recent network activity and growth in layer-2 solutions.

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