Does Africa really need more local currency stablecoins?

Does Africa really need more local currency stablecoins?

Does Africa really need more local currency stablecoins?

A new report by Standard Chartered and Zodia Markets argues for exactly this outcome. Rochelle McCauley from Standard Chartered Bank explains why.

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

Who, you might wonder, would want to hold Malawian kwachas, Ghana cedis – or for that matter, South African rands – in stablecoin form?

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About Ciaran Ryan 1511 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.