Yellow Card Kenya boss Peter Mwangi on the rise of stablecoins

Peter Mwangi, the Kenyan Country Manager for stablecoins exchange platform Yellow Card.

Photo credit: Joseph Barasa | Nation Media Group

The Business Daily spoke to Peter Mwangi, the Kenyan country manager for stablecoins exchange platform Yellow Card on the growing crypto linked payment ecosystem, where Kenyans made transactions worth Sh426.4 billion ($3.3 billion) over a 12-month period to June 2024.

Who are the Kenyans transacting in stablecoins?

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.