We’re moving into the age of decentralised money

Hannes Wessels from Binance SA explains why central bank money issuance is facing competition from stablecoins – and says the change is coming much faster than anyone imagined. From Moneyweb.

You can also listen to this podcast on iono.fm here.

While US dollar-pegged stablecoins are all over the news, a quieter trend is emerging across Africa: the development of stablecoins tied to local currencies. These stablecoins promise to expand financial inclusion, reduce dollar dependency, and enable more efficient domestic and cross-border payments. Continue reading/listening.

About Ciaran Ryan 1437 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.