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The region has growing institutional momentum and retail adoption, as the countries face economic challenges that could provide fertile ground for Web3.<\/p>\n
Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according<\/a> to a new report from blockchain data platform Chainalysis. The report underscores the region\u2019s emphasis on real-world crypto use cases in the face of currency devaluation, lack of traditional finance rails and other challenges.<\/p>\n According to the report, Sub-Saharan Africa received $205 billion in onchain value between July 2024 and June 2025. This onchain value received is up 52% compared to the previous reporting period and makes the region the third-fastest growing for crypto adoption, behind Asia-Pacific and Latin America.<\/p>\n This reporting period, the region saw growth in institutional adoption, led by stablecoin flows,<\/strong> which are accounting for million-dollar transactions between Africa, the Middle East and Asia. In Sub-Saharan Africa, Nigeria led the way for institutional momentum, receiving $92.1 billion in value over the 12 months.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n