Stablecoins
Currencies
Each African currency that has a stablecoin onchain: how much of it exists, which coins compete for it, and how well each holds the official rate.
Measured 2026-11-07
Currencies
6
10 stablecoins
Total supply
$11.96M
28,023 holders
Transfer volume 30D
$85.23M
DEX volume 30D
$887.5k
Largest currency
68%
South African rand
Most contested
ZAR
4 competing coins
All time
Transfer volume
$1.21bn
7,361,825 transfers
DEX volume
$421.77M
6,650,930 swaps
Minted
$49.05M
$37.60M burned
Net issuance
$11.45M
minted − burned
🇿🇦Rand (ZAR)South African rand ZAR4 stablecoins · 4 issuers
$8.16MR134.82M · 68.2% of supply
ZARP
ZARU
ZARSC
ZARm
ZARPZARUZARSCZARm🇳🇬Naira (NGN)Nigerian naira NGN2 stablecoins · 2 issuers
$3.69M₦4.98bn · 30.9% of supply
cNGN
NGNm
cNGNNGNm🇰🇪Shilling (KES)Kenyan shilling KES1 stablecoin · 1 issuer
$66.9kKSh 8.69M · 0.6% of supply
KESm
KESm🇬🇭Cedi (GHS)Ghanaian cedi GHS1 stablecoin · 1 issuer
$23.3kGH₵272.5k · 0.2% of supply
GHSm
GHSm🌍CFA franc (XOF)West African CFA franc XOF1 stablecoin · 1 issuer
$9.1kCFA 5.37M · 0.1% of supply
XOFm
XOFm🇹🇿Shilling (TZS)Tanzanian shilling TZS1 stablecoin · 1 issuer
$6.2kTSh 16.32M · 0.1% of supplynTZSnTZS
Currency metricsSupply by currency · monthly · USD · end of periodSupply by currency · monthly · USD · end of period
Currency league tableclick any column to sortclick any column to sort
| # | Currency | Coins | Networks | Supply ↓ | Supply (local) | Transfers 30D | DEX 30D | Holders | Transfers all-time | DEX all-time | Minted | Share ↓ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 🇿🇦Rand (ZAR)South African rand | ZARPZARUZARSCZARm |  Base Ethereum Polygon Solana Arc+1Celo | $8.16M | R134.82M | $7.18M | $609.9k | 1,841 | $210.68M | $27.37M | $11.59M | 68.2% |
| 2 | 🇳🇬Naira (NGN)Nigerian naira | cNGNNGNm |  Asset ChainBase BNB Chain CeloEthereum+3Lisk, Polygon, Solana | $3.69M | ₦4.98bn | $78.02M | $250.8k | 16,038 | $309.29M | $12.54M | $32.59M | 30.9% |
| 3 | 🇰🇪Shilling (KES)Kenyan shilling | KESm | Celo | $66.9k | KSh 8.69M | $8.3k | $10.2k | 8,574 | $442.65M | $240.57M | $1.15M | 0.6% |
| 4 | 🇬🇭Cedi (GHS)Ghanaian cedi | GHSm | Celo | $23.3k | GH₵272.5k | $8.5k | $15.2k | 425 | $54.13M | $37.26M | $638.0k | 0.2% |
| 5 | 🌍CFA franc (XOF)West African CFA franc | XOFm | Celo | $9.1k | CFA 5.37M | $1.1k | $1.5k | 604 | $192.83M | $104.03M | $3.06M | 0.1% |
| 6 | 🇹🇿Shilling (TZS)Tanzanian shilling | nTZSnTZS | Base | $6.2k | TSh 16.32M | $12.8k | $0 | 541 | $110.3k | $4 | $22.8k | 0.1% |