According to Cryptonews, Maksym Sakharov, CEO of WeFi, stated that the future of crypto adoption lies in the Global South, not the U.S. He highlighted that in countries like Nigeria, the Philippines, and Argentina, crypto is being used for remittances, payments, and savings due to economic instability. Sakharov criticized the industry's focus on institutional investors and regulatory approval, arguing that it has overlooked the practical use cases in developing economies. He emphasized the need for mobile-first tools to address the daily financial needs of lower-income users.
WeFi CEO Predicts Global South Will Drive Crypto Adoption
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