tldr; Between June 2020 and June 2021, US$105.6 billion was sent to Africa in cryptocurrency payments. This was a 1200% growth rate compared to the previous year. Cryptocurrencies will continue to be in use for remittances, particularly because of their lower transaction costs and reduced transaction time.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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