USD stablecoins are displacing bitcoin as SA's preferred crypto

Loading player...

Mark Mbugua, SA regional manager for Yellow Card, predicts an explosion in USD stablecoin use across Africa in the next five years because of the ability to move funds in minutes at a fraction of the usual cost.

3 Dec 2024 English South Africa Tech News · Investing

Other recent episodes

The AI war between scammers and the public is getting wild

Sam Mkhize, head of compliance at Binance SA, explains how AI is evolving at a blistering pace, allowing scammers to clone your voice and image, and how crypto exchanges are using AI to fight back.

24 Apr 34 min

There’s a perfect storm ahead for the rand and bitcoin

Tariff wars and gold at an all-time high have rattled financial markets. This could push the rand to R22.25 to the dollar and bitcoin to $65 000, says Shiven Moodley, macro strategist at 80eight.

16 Apr 27 min

Regulatory overload could stifle crypto boom

Brent Petersen, chair of the Crypto Asset Association of SA, explains how new regulations piled on top of the recently completed licensing process could throttle growth for some firms just beginning to find their feet. And what we've learnt about the crypto industry in the last five years.

9 Apr 28 min

Why small is beautiful when it comes to crypto

Henco Vorstman, CEO of ChainEx, one of the smaller exchanges in SA, explains why investors and traders often prefer a small exchange – low fees, good arbitrage opportunities, and personal service to name a few. And how the banks remain inexplicably hostile to crypto.

2 Apr 28 min

What's blockchain got to do with a R60bn class action suit against the banks?

Hundreds of homebuyers are taking the banks to court for repossessing their homes and selling them for a fraction of their worth. Advocate Douglas Shaw explains how the repossession crisis in SA came about and how blockchain could solve this.

26 Mar 32 min

All episodes