Author: Opeloyeru Batly
Opeloyeru Batly
Tope Batly is a market research specialist and the founder of DataQolo, a platform dedicated to market intelligence and talent development. With a deep focus on the future of work and economic trends across the continent, she provides data-driven insights into how blockchain and digital assets are reshaping African markets. At Coinafrica, Tope leverages her expertise to demystify complex market shifts, helping readers navigate the evolving landscape of African fintech and decentralized finance.
Africa’s emerging markets are experiencing a surge in stablecoin adoption in Africa, with Nigeria and South Africa leading the way. The growth is fuelled by the need for affordable cross-border payments, protection against inflation, and rising confidence in digital financial infrastructure. Stablecoin Market Overview As of February 2026, the global stablecoin market capitalization has surpassed $300 billion. Tether (USDT) leads the market with an estimated valuation of $185 billion, followed by USD Coin (USDC) at approximately $75 billion. While these figures highlight the global dominance of US-pegged tokens, the fastest acceleration in demand is happening in Africa, particularly in Nigeria…