Despite being a global leader in grassroots crypto adoption, cash still dominates Africa’s economy. Small businesses, street markets, and even large sectors remain overwhelmingly cash-based, slowing down digital transformation.
But a new bridge is emerging: crypto adoption in Africa. Stablecoins, Bitcoin, and payment platforms are increasingly filling the gap between cash and digital finance. Unlike traditional banks or fintech apps, crypto provides fast, borderless, and inflation-resistant transactions.
See more related: Africa Could Lead with Local-Currency Stablecoins Amid Regulatory Shifts
Analysts believe that while cash will remain central for years, crypto is positioning itself as the bridge to financial inclusion. For millions of Africans excluded from banking systems, digital assets may prove to be the easiest path toward financial services.
