South African DeFi Market Projected to Reach $180 Million by 2028: Report
2025-07-04 02:41:05
Description
Key Takeaways: South Africa’s decentralized finance ecosystem shows promising growth trajectory, with projections reaching $180.7 million by 2028 according to official regulatory assessments. Regulatory authorities recognize DeFi’s potential to enhance financial access while expressing significant concerns about security vulnerabilities and consumer protection. Payment solutions and lending services emerge as the dominant use cases driving DeFi adoption among South Africans, particularly relevan...
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