Banking tycoon Lesetja Kganyago warns stablecoins could threaten currency stability in South Africa

Billionaires Africa | 09.02.2026 23:10
South African Reserve Bank Governor Lesetja Kganyago has raised fresh concerns over the rapid expansion of stablecoins, warning that their growing use could undermine core objectives of monetary policy, including currency unity, stability, and affordability for the public.