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Originally published by Capital Business
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business
October 13, 2025
3h ago

Kenya embraces stablecoins for faster global trade

Kenya embraces stablecoins for faster global trade

NAIROBI, Kenya, Oct 13 - As Kenya continues to position itself as one of Africa’s leading innovation hubs, experts say the adoption of digital currencies, Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya is rapidly adopting stablecoins, digital currencies backed by real-world assets, to revolutionize cross-border trade and payments. This shift offers businesses and individuals faster, cheaper, and more accessible transaction methods compared to traditional banking systems.

  • Over 350,000 users in Kenya currently utilize platforms like Yellow Card for digital asset transactions.
  • Sharon Tum, East Africa Regional Manager at Yellow Card, highlights stablecoins like USDC and USDT for their stability and efficiency.
  • The upcoming Virtual Assets Bill, 2025 aims to regulate Kenya's expanding digital asset industry, with platforms like Yellow Card contributing to its drafting.

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