two weeks to bill drop.@kyle_chasse shows Genius Act at 89% passage.stablecoins print $10B yearly, ETFs pull $769.5M weekly, corps stack sats. ...

Crypto Adoption in Sub-Saharan Africa - Sub-Saharan Africa accounts for 2.7% of global crypto transactions between July 2023 and June 2024 [1] - Nigeria ranks second globally in crypto adoption, following only India; Ethiopia, Kenya, and South Africa are also significant players [1] - Stablecoins account for almost half of the region's total transaction volume, driven by their utility as a workaround for currency shortages [2] Stablecoins Market Dynamics - Stablecoins have a market capitalization of approximately $250 billion [3] - Estimated $5 trillion in stablecoin transaction volumes were settled last year [3] - About 50% of blockchain activity is related to stablecoins, with similar percentage observed in Africa [3] - Yellow Card has processed approximately $6 billion in transaction volume in the last several years, with 99% in stablecoins [4][5] Regulatory Landscape - Several African nations are developing digital asset regulatory frameworks, with some already established [6] - Kenya, Zambia, and Rwanda published draft legislation in March [6] - Morocco, which banned crypto transactions since 2017, recently presented draft legislation to lawmakers and the central bank [6] - Kenya's Finance Committee invited Yellow Card to help draft digital asset legislation [8] Market Influences - 70% of African economies have faced crisis levels of U S dollar liquidity in the last year [10] - Approximately 80% of intra-Africa payments are cleared outside the continent in U S dollars [11] Central Bank Engagement - The Central Bank of Ghana is working closely with the ecosystem to gain insights on innovation within the digital asset space [13] - The Central Bank of Ghana collaborated with stakeholders for over a year to establish a balanced policy framework [14] - A crypto chamber in Ghana is focused on consolidating the fragmentation between the ecosystem and the central bank [20] Interoperability and Financial Inclusion - Interoperability is crucial, especially between francophone and anglophone countries [17] - Stablecoins are important for interoperability and integration with potential CBDC projects [18] - Digital assets promote financial inclusion, particularly for the unbanked population [18]

RT Token Terminal 📊 (@tokenterminal)Stablecoins amount to 1.1% of the US dollar supply.Many stablecoin startups will contribute to this ratio getting closer to 100%. https://t.co/XmWxj7sYUP ...

🇺🇸 NEW: Stablecoins make up 1.1% of the U.S. dollar supply, with startups set to drive further growth. https://t.co/fXuaC7adzk ...

Stablecoins amount to 1.1% of the US dollar supply.Many stablecoin startups will contribute to this ratio getting closer to 100%. https://t.co/XmWxj7sYUP ...

Crypto Market Overview - Institutional investors see tremendous opportunity for leading onchain businesses to form a new category [1] - The report focuses on Bitcoin, Stablecoins, and Altcoins [1]

RT RYAN SΞAN ADAMS - rsa.eth 🦄 (@RyanSAdams)Stablecoins on Ethereum hit all-time high of $135B.@fundstrat calls stablecoins crypto's ChatGPT moment - he says that value will accrue to ETH.Treasury Secretary Scott Bessent predicts stablecoins to $3 trillion by 2030.Ethereum = world ledgerETH = world reserve asset ...

🇯🇵 LATEST: Japan’s first digital bank, Minna Bank, teams up with Solana and Fireblocks to test stablecoins. https://t.co/UFJW6MxrOd ...

RT Token Terminal 📊 (@tokenterminal)Stablecoins & stablecoin issuers:▪️ Fastest-growing market sector▪️ Most financially lucrative market sector▪️ Most competitive market sector▪️ Most data-rich market sector https://t.co/MGPByOmKTa ...

🇨🇳 NEW: China's largest retailer JD. com and Alibaba's fintech arm Ant Group are lobbying the central bank to launch yuan-based stablecoins, aiming to boost the yuan's global role and challenge US dollar dominance in digital payments. https://t.co/BpJWTlXOj1 ...