Yuki Podcast Network

The 2023 Chainalysis Africa Crypto Report: Why’s Uganda adoption off the roof?

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In this episode, we dive into the key findings from the Chainalysis 2023 Crypto Adoption report, with a focus on Africa and specifically Uganda's explosive growth.

Key Topics Covered:

  • Overview of the Chainalysis Crypto report.
    • Factors driving Uganda's high adoption: young population, high mobile money usage, unstable national currency, and entrepreneurial culture.
      • The rise of stablecoins in Africa and their potential. Over 50% of transfers were stablecoins.
        • Deep dive into Uganda's cryptocurrency activity: Leading coins used, main uses cases, demographics of users.
          • How cryptocurrencies are providing financial services to the underbanked
            • Risks and need for regulation: Scams, understanding implications.
              • Outlook for crypto in Africa and predictions for 2023. Continued growth is expected but there is a need for education.

                • Join Dennismary, Isaac, and Jeffery as they explore the key findings from the Chainalysis report and discuss the current crypto landscape and future outlook across Africa.

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                Yuki Podcast NetworkBy Yuki