2min chapter

Bankless cover image

ROLLUP: Kim Kardashian vs Gary Gensler | Credit Suisse Crisis | Celsius Foul Play | ENS NFTs

Bankless

CHAPTER

Crypto in Sub-Saharan Africa

Small retail payments in Sub-Saharan Africa are powering exponential crypto adoption and usage. 80% of crypto retail payments less than $1,000 according to the chain analysis report. At about 6% of all crypto transaction volume, Africa's peer-to-peer transactions dwarf those of central and southern Asia. Besides retail transactions, remittances, and commercial transactions have also been key drivers for Africa's high adoption rates.

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