Almost a third of Nigerians said this applied to them. The high cost of sending money across borders the conventional way has caused many to turn to local cryptocurrency exchanges catering to overseas workers and their families, according to Bitcoin.com. Nigerians also often use their phones to send money to each other also to pay in shops. Recently, businesses in the country have been adding crypto plugins to their phone payment options, adding another way in which Nigerians can use cryptocurrency in their everyday lives.
This is absolutely awesome to read. These are the countries where having a stable, easily transactable currency, preferably fast and without fees, really makes a massive difference. I’m glad crypto is being used there, rather than just HODLed.