How much of the 28 trillion in trading volume is invisible to Silicon Valley demo days? Nigeria's 26 million users are the true product-market fit.

Crypto News: Verda Ventures partner Alex Witt said that although global stablecoin trading volume exceeded $2.8 trillion in 2025—surpassing the combined total of Visa and Mastercard—stablecoin startups and venture capital are still primarily concentrated in the United States and Europe, while actual demand mainly comes from emerging markets. He noted that Nigeria has more than 26 million crypto users, stablecoin trading in Argentina makes up more than half of exchange trading volume, and stablecoin capital flows in Latin America have already reached 7.7% of the region’s GDP. Alex Witt believes future stablecoin growth opportunities will come more from emerging markets such as Latin America, Africa, and Southeast Asia than from Europe and the United States.