Crypto is Quietly Thriving in Sub-Saharan Africa: Chainalysis Report

It seems startups that can facilitate retail, commercial and peer-to-peer transactions, have a decent shot at success in Africa. According to Chainalysis, Paxful, a popular peer-to-peer exchange, is experiencing remittance user growth rates as high as 55% in Nigeria (Paxful’s biggest market) and 140% in Kenya.