There was $5.55 billion in DeFi volume, which is 10.37 percent of the overall 24-hour volume of the crypto market. Bitcoin presently holds a 45.25 percent share of the cryptocurrency market. It has risen by 0.04 percent in the last seven days. During the previous 24 hours, Binance (BNB) coin's price rose by 4.5 percent. At the time of this post, Dogecoin (DOGE) was trading at $0.08487. Polkadot (DOT) and Avalanche (AVAX) are the 11th and 14th most valuable cryptocurrencies at the time of writing, respectively, on the cryptocurrency exchange CoinMarketCap.
It's hard to transfer money between African countries. The Ghanaian king settled a bill with a Nigerian attorney. His experience highlights a systemic problem impeding Africa's economic growth: high transaction costs and inconvenience. 15% of all imports and exports occur between 55 African countries. 60% of Asian trade is within Asia. 70% in EU. The difficulty of international payments hinders African trade. There are also high tariffs, long border procedures, and congested roads. Proponents of AfCFTA say easing trade restrictions will boost trade, FDI, and economic growth. 50 million people will be lifted out of extreme poverty by 2035 due to the accord's positive impact on real income, which is projected to rise 9.1%. Another issue: In Africa, currency values fluctuate. From July 2021 to 2022, Ghana's currency fell from 6 to 8. Volatile currencies make financial transactions more costly and risky. To overcome these problems, PAPSS facilitates financial transactions ...
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