techcabal.com/2026/10/31/stablecoins-face-hurdles-to-wider-use Stablecoins gain ground in African trade but face hurdles to wider use
Executives in Lagos said Nigerian businesses use stablecoins to pay overseas suppliers when foreign currency is scarce, but costs, security fears and fragmented blockchains limit wider use. The IMF estimates about $59 billion in crypto inflows to Nigeria from July 2023 to June 2024 and seeks clearer stablecoin issuer rules.
