Africa’s bid to break from Trump and the USD gains steam as local currency payment options emerge

Africa’s ambition to reduce reliance on the US dollar for cross-border trade is still far from bearing fruit, but more countries are now adopting local currency payment systems. Some nations are using regional mechanisms like the Pan-African Payments and Settlements System (PAPSS) for intra-African trade without defaulting to the greenback. Since Donald Trump’s return to […] source: https://www.cryptopolitan.com/africa-pushes-local-currency-payment-systems/