The public record of our measurements.
Africa’s stablecoin economy, measured wallet by wallet and published with the method attached. Every figure here is dated, permanent and traceable to an on-chain sweep — not a survey, not a self-reported number, not an estimate. Free to cite with attribution.
Filtered view
19 notes · 6 milestones · 4 coverage notes · 1 weekly recap · 6 analyses · 2 Gradient notes
- CoverageCoverage Mar 2025 – Jul 2026
Newly mapped: SFx
SFx is now mapped end to end — $894K in lifetime retail stablecoin volume across 1,086 wallets. It is the first venue in our coverage where Polygon dominates, carrying 85% of flow.
$894Klifetime retail volume - CoverageCoverage Jul 2025 – Jul 2026
Newly mapped: Onboard Global
Onboard Global is now mapped end to end — $10.7M in lifetime retail stablecoin volume from zero in 13 months. Its top ten wallets hold 63% of volume, the least concentrated venue in our coverage.
$10.7Mlifetime retail volume - CoverageCoverage Dec 2024 – Jul 2026
Newly mapped: Evolution
Evolution is now mapped end to end — $1.05M in lifetime retail stablecoin volume across 1,492 wallets and seven chains. Money flows both ways: 84 cents leaves for every dollar that arrives.
$1.05Mlifetime retail volume - CoverageCoverage as of Q2 2026
Newly mapped: Timon
Timon is now mapped end to end — $3.7M in lifetime retail stablecoin volume across 3,677 wallets and five chains. A $60 median deposit sits under a tail where ten wallets hold 82% of the money.
$3.7Mlifetime retail volume
What we commit to on every note we publish.
Attributed, not estimated
Every figure traces to an on-chain sweep of addresses we have verified and labelled, wallet by wallet. Nothing here is extrapolated from a survey, a funding round or a company’s own disclosure.
Stated, or it doesn’t publish
Each note carries a method statement naming what was measured and what was excluded. A note without one fails the build. See the methodology for attribution, clustering and sweeps.
Revised in the open
A published figure is never silently edited. When one changes, the note carries a dated correction and the original stays legible. A visible correction record is an asset, not an embarrassment.
Free to cite with attribution. No embargo, no approval, no email required — in an article, a filing, a deck or a paper. Every note carries a ready-made citation, a BibTeX entry and the attribution line to copy. Machine-readable via RSS.