Africa Crypto Update Weekly Recap: Circle Supports African Fund, South Africa Implements Crypto Tax Regulations, Kredete Secures $22M
This week in Africa's cryptocurrency developments, Circle, the issuer of USDC, is supporting a fund by contributing $20M to promote the growth of blockchain startups across the continent. Circle is a significant entity in the crypto world and operates as a public company.
Will Hyperliquid USDH Put an End to Circle and USDC? CIRCL Stock Falls Sharply
The issuance of stablecoins represents a highly profitable venture, and in 2025, Hyperliquid, a prominent decentralized derivatives trading network with a trading volume of at least $400 billion, is poised to introduce its own platform-specific stablecoin. While Circle's USDC commands a more substantial