Stablecoins won’t “bank the unbanked”; so what are they for?

Founders are racing one another to build solutions that allow crypto to work like real money. This has led to the rise of stablecoin off-ramp solutions—apps that allow individuals and businesses to convert dollar-backed stablecoins USDT and USDC into local African currencies—seeking to replace peer-to-peer (P2P) crypto exchanges, which are often targets for scams. 

Some interesting…