African currencies are being smashed as stablecoins come to the rescue.

Loading player...

Jon Ovadia, CEO of crypto exchange OVEX, walks us through the casualty list of African currencies decimated over the last two years, and how US dollar-backed stablecoins are exploding across the continent.

6 Feb 2024 English South Africa Tech News · Investing

Other recent episodes

SA’s crypto crackdown hits a legal wall

Webber Wentzel’s Joon Chong on the court ruling that’s left crypto assets in legal limbo.

4 Nov 13 min

Why a bitcoin strategy is a must-have for companies

Pat Hourigan of Frictionless Markets says all companies should have a bitcoin reserve strategy if they want to preserve long-term wealth.

28 Oct 28 min

Crypto outflows of R5bn a year flying under the radar

We now know that about R100bn in crypto flows in and out of SA every year, but there’s a consistent net outflow each year in violation of exchange controls, says Carel de Jager, CEO of SilverSixpence.

21 Oct 25 min

Is the crypto bear market over already?

Macro strategist Shiven Moodley analyses the carnage in crypto markets over the last week, runs the numbers and finds some disturbing signs of insider trading. There are also a few pleasant surprises in an otherwise dreary altcoin market.

14 Oct 24 min

The stablecoin gold rush is here

Goldman Sachs says the stablecoin boom is just beginning — and it could grow into a trillion-dollar market.

7 Oct 20 min

All episodes