Africa experiences a significant cryptocurrency growth
In recent years, Africa has witnessed the widespread popularity of its currency cryptocurrency. This is not an unexpected move. Please note that the cost to remittance service providers for sending money to Africa is on average close to 9%.
This is the highest rate in the world and three times the goal of sustainable development for remittance costs. Sub-Saharan Africa, meanwhile, has received at least $ 48 billion in remittances, according to a study. That means nearly $ 4.5 billion in fees for money transfers!