Remittances ‘more important than aid’ as Africa turns to stablecoins

Jan 23, 2026 - 13:00
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Remittances ‘more important than aid’ as Africa turns to stablecoins

Remittances ‘more important than aid’ as Africa turns to stablecoins

Speaking at the World Economic Forum in Davos, Switzerland, economist Vera Songwe pointed to remittances and inflation hedging as key drivers of stablecoin use across Africa.

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