The Stablecoin Tsunami and the Silent Erosion of Africa’s Banking Fortresses

The global financial landscape is quietly reorganizing itself. In the last decade, we saw fintechs nibble at the edges of traditional banking. But today, a more seismic shift is underway—U.S. dollar-backed stablecoins. According to a new report by Standard Chartered, as much as $1 trillion could exit emerging market banks and move into stablecoins within […] The post The Stablecoin Tsunami and the Silent Erosion of Africa’s Banking Fortresses appeared first on Tekedia.

  Business   Oct 8, 2025   0   9  Add to Reading List
The Stablecoin Tsunami and the Silent Erosion of Africa’s Banking Fortresses

The global financial landscape is quietly reorganizing itself. In the last decade, we saw fintechs nibble at the edges of traditional banking. But today, a more seismic shift is underway—U.S. dollar-backed stablecoins. According to a new report by Standard Chartered, as much as $1 trillion could exit emerging market banks and move into stablecoins within […]

The post The Stablecoin Tsunami and the Silent Erosion of Africa’s Banking Fortresses appeared first on Tekedia.

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