| Africa: Nigeria Leads Africa in Stablecoin Adoption With $22bn in Transactions
August 24, 2025--Nigeria has emerged as the largest stablecoin market in Africa, with nearly $22 billion in transactions recorded between July 2023 and June 2024. |
| This was stated in the latest report released by Yellow Card titled, 'Stablecoin Adoption in Emerging Markets - The Report for Global Business Leaders'. The report which is Yellow Card's third and final report for 2025 underscores the exponential growth of stablecoins globally, from a market cap of $5 billion in 2020 to $230 billion as of May 2025. |