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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 分で読める

Stablecoins take centre stage as bitcoin speculation fades
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bitcoin

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BTC+0.26%$84,511

Last Updated

3日前

翻訳中…

Stablecoins take centre stage as bitcoin speculation fades

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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 · 30-day price▲ 8.7%
$86,594$81,089$75,585
Aug 30Sep 8Sep 18Sep 28

Bitcoin moved from $77,681.6 to $84,468.1 over the last 30-day period, a gain of 8.7 percent.

Source: Kraken · NewsLayer Markets · Updated 1分前

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.

Follow the Story

  1. Sep 25Stablecoins take centre stage as bitcoin speculation fades
  2. Sep 27Bitcoin Cash and NEAR Protocol outpace Bitcoin with BCH futures and NEAR ETF registration news.
  3. Sep 27Bitcoin eases after surge as crypto market cools near $84,000 - CHOSUNBIZ
  4. Sep 27Bitcoin ETF Inflows Hit $2.4 Billion in Best Week Since 2025: BTCPressWire on Reading Crypto Momentum
  1. Sep 25Stablecoins take centre stage as bitcoin speculation fades
  2. Sep 27Bitcoin Cash and NEAR Protocol outpace Bitcoin with BCH futures and NEAR ETF registration news.
  3. Sep 27Bitcoin eases after surge as crypto market cools near $84,000 - CHOSUNBIZ
  4. Sep 27Bitcoin ETF Inflows Hit $2.4 Billion in Best Week Since 2025: BTCPressWire on Reading Crypto Momentum
#bitcoin#crypto#defi

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Originally reported by writersroom.co.za

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Market Context

₿

Bitcoin

BTC

$84,468

+0.21% (24H)

$85,015$84,593$84,171
1 AM8 AM4 PM12 AM

Market Cap

$1.70T

Circulating Supply

20.1M BTC

24H Volume

$21.9B

24H High

$85,143

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

deficrypto

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