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
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Sep 25, 2026 at 3:04 AM UTC · 1 dk okuma
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bitcoin
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BTC+0.35%$84,221
Last Updated
2 dakika önce
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 $84,208.1 over the last 30-day period, a gain of 4.9 percent.
Source: Kraken · NewsLayer Markets · Updated birkaç saniye önce
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.
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Originally reported by writersroom.co.za
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Market Context
Bitcoin
BTC
$84,202
+0.33% (24H)
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$1.69T
Circulating Supply
20.1M BTC
24H Volume
$37.7B
24H High
$84,915
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