Sub-Saharan Africa crypto adoption growth third in the world, with on-chain capital inflows reaching $205 billion
Source: Binance
Time: 2025-09-11 08:41:35
According to Wu, the latest report from Chainalysis shows that sub-Saharan Africa has become the third fastest crypto-adoption growth region in the world, with on-chain capital inflows reaching US$205 billion in the past year, a year-on-year increase of 52%.
The report notes that growth in the region is mainly driven by stablecoins, with Nigeria leading the way with US$92.1 billion. Inflation and foreign exchange shortages make stablecoins more attractive locally. Chainalysis said that the local financial environment makes the region focus more on real application scenarios than simply speculation or returns.