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Cryptocurrency, particularly stablecoins, has been increasingly used in Africa as an alternative financial tool amidst economic challenges like high inflation and volatile local currencies. This trend is highlighted in various reports: - Stablecoins in Africa: Stablecoins have become popular for their stability compared to local currencies, providing a means for transactions and remittances. In Nigeria, for instance, there's been significant adoption of stablecoins due to economic instability, with platforms like Busha facilitating everyday transactions like bill payments using cryptocurrencies.