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Participants during a panel discussion at the fourth edition of the Kenya Blockchain and Crypto Conference in Nairobi. [Juliet Omelo, Standard]
Kenya’s fintech and blockchain industry is stepping up calls for faster adoption of stablecoins as a solution to Africa’s costly and slow cross-border payment systems, even as regulators move cautiously to build a formal legal framework for digital assets.
This emerged during the fourth edition of the Kenya Blockchain and Crypto Conference (KBCC) in Nairobi, where industry leaders, regulators, banks, and fintech innovators converged under the theme ‘Stablecoins, Payments and the Digital Economy in Africa.’
The discussions largely centred on how blockchain-based currencies could reshape remittances, trade settlements, and regional commerce.
