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This week has been busy for stablecoins, with new launches, rising supplies, and local adoption stories making headlines. In this stablecoin news recap, we look at what happened globally and what’s next in Africa.
Ripple expanded its Ripple RLUSD stablecoin into Africa with a $700 million supply. The move goes beyond payments. In Kenya, pilots are testing how smart contracts can release insurance payouts when drought or heavy rains strike. It is an early glimpse of how digital money can support communities facing climate risks.
Ethena’s USDe kept climbing, now past $12 billion in supply and drawing attention for its synthetic design. In Nigeria, the cNGN stablecoin gained new traction as Roqqu joined Quidax and Busha in listing it. That step opens the door for millions more users to a regulated naira-backed stablecoin.
Africa’s own leadership spotlight is also growing. In October, Lagos will host the Stablecoin Leadership Breakfast, a focused event for decision-makers to discuss adoption, regulation, and payments. Then in November, Abuja will stage the West Africa Stablecoin Summit, a broader gathering where regional voices will map out how stablecoins can drive trade and inclusion.
This stablecoin news recap shows how the conversation is widening. From global supply surges to African leadership events, stablecoins are stepping into new roles that affect not just markets, but everyday life.
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