UNCHAINED: How This Stablecoin Business in Africa Is Taking on SWIFT and Big Banks
CoinDesk Podcast Network
Stablecoins in Emerging Markets
This chapter examines the rise of stablecoins like USDT, USDC, and Pi USD, focusing on their impact in various global markets, especially in emerging economies. It discusses the appeal of low transaction fees and liquidity solutions that have made USDT popular in regions such as Asia, Africa, and South America. Additionally, the chapter explores the competitive landscape between stablecoins and traditional financial systems, emphasizing the transformative potential of these digital currencies in addressing financial challenges.
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