African stablecoins as crypto-based solutions to local problems

At a time when so much of the world is changing due to the digital revolution, there are many who have assumed that Africa will be left behind. But rather than accept a continuation of the status quo, there has been a strong rise in the local technical class, as well as a determination to free Africa from dependence on foreign currencies. 

The growth of blockchain-based local money, most notably in the form of stablecoins that are pegged to fiat currencies, gives the next generation of Africans an interesting proposition.

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