Bitcoin
Millions of Africans rely on remittance, how bitcoin can reduce the high fees charged by money transfer operators (MTO)
Millions of Africans rely on remittance to fund the lifestyles of their households and a growing number use Bitcoin to make such payments . In 2019 alone, over 25 million expats from the sub-Saharan region remitted $46 billion. Many expect the trend to continue through 2020. Bitcoin Meets Remittance in Africa