Maksym Sakharov, CEO of WeFi, predicts that the Global South will spearhead the next wave of cryptocurrency adoption, rather than the U.S. Sakharov points to countries like Nigeria, the Philippines, and Argentina, where cryptocurrencies are increasingly used for remittances, payments, and savings amid economic instability. He criticized the crypto industry's current focus on institutional investors and regulatory approvals, suggesting it has neglected the practical applications in developing economies. Sakharov advocates for mobile-first financial tools to meet the needs of lower-income users in these regions.
WeFi CEO Foresees Global South Leading Crypto Adoption
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