The day Africa became a world leader - Jeune Afrique

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Between the end of 2019 and the second quarter of 2021, the overall cryptocurrency adoption rate increased 24-fold. Within a year, that same rate increased by 880%.

Between the end of 2019 and the second quarter of 2021, the overall cryptocurrency adoption rate increased 24-fold. Within a year, that same rate increased by 880%. © Ozan KOSE / AFP)

In August 2021, Sub-Saharan Africa became the region that acquired the most cryptocurrency, overtaking North America. Decryption.


Over the past thirty days, the equivalent of about $ 80 million in cryptocurrency has been acquired by users living in sub-Saharan Africa, according to UsefulTulips, a company specializing in the analysis of this market.

This is an increase of 19% from the monthly average of the last twelve months ($ 67 million) and more than the $ 79 million acquired from North America.

Sub-Saharan breakthrough

From September 6 to 12, the equivalent of $ 20,5 million was acquired by sub-Saharan users, compared to $ 20 million in North America.

This article appeared first on https://www.jeuneafrique.com/1231468/economie/cryptomonnaies-le-jour-ou-lafrique-est-devenue-leader-mondial/

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