Stablecoins take centre stage as bitcoin speculation fades
Absa digital assets head Rob Downes says stablecoin flows across the bank’s African markets have more than doubled over the past four years.
writersroom.co.za
Publisher
Sep 25, 2026 at 3:04 AM UTC · 1 min de lecture
Entities
bitcoin
Market Impact
BTC-0.84%$83,810
Last Updated
il y a 4 heures
Stablecoins take centre stage as bitcoin speculation fades
Absa digital assets head Rob Downes says stablecoin flows across the bank’s African markets have more than doubled over the past four years.
You can also listen to this podcast on iono.fm here.
Stablecoins are rapidly displacing bitcoin speculation as the main driver of crypto activity in South Africa and elsewhere on the continent.
Bitcoin moved from $80,265.9 to $83,809.9 over the last 30-day period, a gain of 4.4 percent.
Source: Kraken · NewsLayer Markets · Updated il y a quelques secondes
Read the full article on Moneyweb
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.
Sourced by
Originally reported by writersroom.co.za
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$83,810
-0.84% (24H)
Market Cap
$1.69T
Circulating Supply
20.1M BTC
24H Volume
$37.0B
24H High
$84,915
Article Intelligence
Key Entities
Related Coverage
CryptoBitcoin steadies near $84,420 as investors buy the dip amid rising Treasury yields and oil prices.il y a 43 minutes · 1 min read
CryptoBitcoin ETFs attract $2.65B in 5 days, pushing BTC to $87K despite bond yield and Fed rate hike fears.il y a 2 heures · 1 min read
CryptoBitcoin Hovers At $84k As Morgan Stanley Boosts Holdingsil y a 9 minutes · 3 min readSponsored
Ad
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
