By matching the value of fiat currencies at a one-to-one ratio, stablecoins have been proposed as a solution to the issue of accessing foreign exchange in African markets, thereby supporting cross-border trade, e-commerce, and the gig economy.
But could stablecoins become widely accepted and transform the way we use money?
In this episode of Make Money, Isaac Wabuge, Yellowcard's Country Manager for Kenya & Uganda, a stablecoin infrastructure provider, discusses the rise of stablecoins.
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