While Europe is focusing its efforts on regulating digital assets through the MiCA framework, Another continent is undergoing a profound financial transformation: Africa..
La cryptocurrency in Africa is not developing as a result of a fad or pure speculation, but out of economic necessity. On a continent where access to banking services remains limited for a large part of the population, blockchain provides simple, concrete and immediately accessible solutions.
In many regions, opening a bank account remains complex or costly, whereas smartphones have become ubiquitous. The combination of a mobile phone and a crypto wallet now enables millions of people to save, transfer money and secure part of their assets without a banking intermediary.
With over a billion inhabitants and a rapidly growing digital ecosystem, Africa has become the world's leading region for cryptocurrency adoption..
Why crypto is growing so rapidly in Africa
The massive success of cryptocurrency in Africa can be explained by three economic challenges to which blockchain provides a direct solution.
Financial inclusion
Near 60 % of the population of sub-Saharan Africa still does not have a bank account.
The absence of branches, high management costs, administrative burdens, and lack of official documents exclude a large portion of the population from the traditional financial system.
Conversely, Mobile phones have become an everyday tool..
With a simple crypto wallet, anyone can:
• keep savings completely independently
• send and receive money instantly
• pay for goods and services
• access decentralised credit solutions
Crypto in Africa thus constitutes the first truly universal access to finance for millions of people.
International money transfers
Every year, more than 90 billion dollars are sent by the African diaspora to local economies.
However, these transfers are penalised by:
• average costs close to 8 % for 200 dollars
• delays of several days
• an accumulation of banking intermediaries
The use of stablecoins (USDT, USDC) via peer-to-peer platforms is revolutionising these financial flows.
Transfers become:
• almost instantaneous
• extremely inexpensive
• independent of the traditional banking network
Crypto in Africa thus enables return to families and businesses a significant portion of the sums absorbed so far by financial costs.
Combating inflation
Many African countries suffer from:
• regular currency devaluations
• chronic inflation
• economic instability
Saving in local currency often amounts to automatically lose purchasing power.
Dollar-backed stablecoins offer a credible alternative:
• protection against devaluation
• stability of value reserves
• direct accessibility without a bank
For many, crypto in Africa has become the first truly reliable tool for capital preservation.
Africa, global driver of Web3 innovation
The continent has a unique structural advantage: it does not have any cumbersome banking systems to dismantle. It can therefore move directly to Web3 technologies, in a phenomenon widely known as “leapfrogging”.
This promotes the growth of practical blockchain applications:
Decentralised microfinance (DeFi)
Loans based on smart contracts without traditional bank guarantees.
Land tenure security
Using blockchain to record property titles and strengthen legal certainty against fraud.
Payments and international trade
Simplifying trade between African SMEs and global partners through fast, low-cost crypto payments.
In these sectors, Cryptocurrency in Africa is becoming a genuine economic infrastructure., far beyond a simple technological tool.
A dynamic that is reshaping global finance
The adoption of cryptocurrency in Africa goes beyond the scope of a simple digital innovation.
It addresses three key issues:
• widespread financial inclusion
• savings protection
• streamlining of international trade
Africa demonstrates a stark reality:
Blockchain is primarily a social and economic tool, rather than a speculative financial product.
At De Ravel Group, This transformation confirms our strategic conviction:
The future of finance lies in regulated digital assets, backed by real assets and integrated into robust infrastructures.
Our future DRVL Utility Token is designed with this in mind: to participate in this global evolution while complying with the most demanding European standards.
To go further
To follow the development of our blockchain project and fundraising efforts around the DRVL token, visit our official platform: https://token.deravel.com
