Stablecoins and money transfers in Africa: why Coinstancy is changing the game

Sending or receiving money across African borders remains a challenge in 2025. Fees are often high, transfers take days, and traditional institutions still dominate the system. But a quiet revolution is underway — powered by stablecoins, digital currencies pegged to fiat money like the dollar or euro.

Thanks to stablecoins, millions of Africans can now send, save, and invest without expensive intermediaries. And platforms like Coinstancy make this new financial freedom simple, safe, and accessible to everyone.

So how exactly are stablecoins transforming money transfers in Africa? What advantages do they offer compared to traditional systems? And why is Coinstancy becoming the trusted bridge between modern finance and accessibility? 💸

Money transfers in Africa: a system ready for change 💰

Today, Africa remains the most expensive region in the world to send money to. On average, transfer fees range between 7% and 10%, sometimes more depending on the country or method used.

The reasons are clear:

• Limited competition among international remittance services.
• Unstable local currencies, which complicate exchange with the euro or dollar.
• Restricted banking infrastructure, especially in rural areas.

As a result, millions of families lose a significant portion of the funds they receive to fees, while transfers can take several days to arrive.

Mobile money platforms like M-Pesa, Orange Money, and Wave have improved local transactions, but cross-border payments — for instance, from Senegal to Côte d’Ivoire, or Cameroon to France — remain slow and costly.

That’s where stablecoins come in.

Stablecoins: the digital revolution of payments 🌐

A stablecoin is a cryptocurrency backed by a traditional currency, such as the US dollar (USDC, USDT) or the euro (EURC, EURL).
Unlike volatile cryptos such as Bitcoin, stablecoins are designed to maintain a stable value, making them perfect for payments and remittances.

Here’s a simple example 👇

• You live in Paris and want to send €100 to your family in Abidjan.
• Through a traditional money transfer service, you’d pay €7–€10 in fees, and the transaction would take 3 to 5 days.
• With a stablecoin, the same transfer costs a few cents and arrives in under a minute.

That’s why stablecoins are gaining traction across Africa. They allow anyone with a smartphone to send or receive money — no bank account required. All you need is a digital wallet.

But stablecoins aren’t just for transfers. They’re also becoming a store of value. In many African countries facing inflation, holding funds in stablecoins helps preserve purchasing power.

👉 In short, stablecoins combine the stability of fiat currencies with the freedom of blockchain.

Coinstancy: simple and secure access to stablecoins 🚀

While stablecoins offer tremendous potential, using them directly can still be technical. You have to select the right blockchain, copy wallet addresses correctly, and avoid network errors.

Coinstancy solves all that.

Through Coinstancy, users can:

• Deposit or withdraw funds in euro, Pacific franc, or stablecoins.
• Access stablecoin savings pools that yield up to 7% annually.
• Convert funds instantly, without needing a bank account.

For Africans living abroad, Coinstancy offers a modern alternative to traditional money transfer services:

• They can deposit funds directly from their card or bank account in Europe.
• Their relatives receive stablecoins instantly, without hidden fees.
• The yield generated by Coinstancy’s pools often offsets any residual transaction costs.

💡 In short, Coinstancy transforms stablecoins into an intelligent tool for savings and transfers.

Another major advantage: Coinstancy is not subject to the EU MiCA regulation, which now prohibits yield on stablecoins in Europe. This gives users in Africa and Polynesia access to simple, compliant, and high-yield opportunities that are no longer available within the European Union.

A new financial era for Africa 🌍

The potential of stablecoins in Africa is enormous:

• Transfers become near-instantaneous.
• Fees drop by up to 90%.
• Millions of unbanked people gain access to modern financial tools.

But this revolution relies on one crucial factor — trust. That’s where Coinstancy plays a strategic role. By combining simplicity, transparency, and institutional-grade security, it helps users adopt stablecoins without risk or complexity.

With Coinstancy:

• A worker in Morocco can send savings to family in Côte d’Ivoire.
• A business owner in Senegal can manage cash flow in USDC.
• A student in Madagascar can save in digital euros.

Borders disappear, and finance finally becomes truly universal.

💡 Coinstancy isn’t just following the stablecoin revolution — it’s making it accessible to everyone.

Frequently asked 🤔

What exactly is a stablecoin?

A stablecoin is a cryptocurrency pegged to a traditional currency like the dollar or euro. Its value stays stable, making it a safe way to send, receive, or store money without the volatility of crypto markets.

Are stablecoins legal in Africa?

Yes, most African countries allow their use, though regulations vary. Coinstancy operates under a clear legal framework based in Polynesia, providing secure and compliant access to stablecoins for African users.

How does Coinstancy make using stablecoins easier?

Coinstancy lets users deposit, exchange, and withdraw stablecoins in just a few clicks. It handles all the technical parts — security, conversions, and yields — so users don’t need to manage blockchain addresses or private keys.

Can I send money to my family with Coinstancy?

Absolutely. You can deposit euros or stablecoins, and your relatives can receive the equivalent amount instantly — with no excessive banking fees. It’s one of the simplest and fastest cross-border options available.

Why is Coinstancy better than banks or money transfer apps?

Because it combines speed, yield, and transparency. Transfers are instant, fees are minimal, and funds continue to earn interest through Coinstancy’s savings pools. It’s a modern, fair, and efficient alternative to traditional finance.