Weekly DigestNovember 1, 20260

Stablecoins gain ground in African trade but face hurdles to wider use

Stablecoins are giving African businesses an alternative way to pay overseas suppliers, but costs, security concerns and fragmented blockchain networks remain obstacles to wider use, industry executives told Moonshot by TechCabal in Lagos.

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Stablecoins gain ground in African trade but face hurdles to wider use

Source: TechCabal  ·  Nigeria

Stablecoins are giving African businesses an alternative way to pay overseas suppliers, but costs, security concerns and fragmented blockchain networks remain obstacles to wider use, industry executives told Moonshot by TechCabal in Lagos.

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Part of the Africa Dev Week of November 01, 2026 weekly digest.

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