đ From Market Highs to Stablecoin Shocks: How Much Has Changed Since July 2024?
Just one year agoâJuly 28, 2024âBinance users were celebrating a booming market.
đ Global market cap: $2.43 trillion
đĄ Bitcoin: Hovering near $69K
đ· BNB: Around $578
đ Altcoins like STORJ, RIF, and RAD were gaining traction
đ§ Sentiment? Cautiously bullish
Fast forward to July 28, 2025, and the headlines are different.
This year, Binance is in the spotlight againâbut not for price surges.
Instead, weâre talking about the FDUSD depeg, where a supposed "stable" coin fell to $0.89, leaving users shocked and questioning trust.
đȘ What Changed?
â In 2024, confidence in major exchanges and stablecoins was high.
â ïž In 2025, insider leaks and volatility are shaking that foundation.
The Binance-backed FDUSDâused across Africa as a hedge against inflationâtemporarily lost its peg. It wasnât just a price drop. For many African users, it felt like losing access to a financial lifeline.
đ Why It Matters to Africa
Millions in Nigeria, Kenya, Ghana, Ethiopia, and South Africa use stablecoins like FDUSD and USDT to:
Escape currency instability
Send and receive cross-border payments
Protect their savings
When stablecoins arenât stable, the impact is personal. It affects rent, food, tuition, family remittances.
đ§ What Should We Learn?
đš "Safe" assets still carry risk
đĄïž We must push for audited, transparent, and diversified stablecoin options
đ± Africaâs crypto future must include local voices and policy safeguards
đŁïž From Bullish to Cautious â One Year Changed Everything.
Last July, we watched price charts.
This July, weâre watching for accountability.
đ Hashtags
#WriteToEarn #FDUSD #CryptoAfrica #Binance2025 #Stablecoins #Web3Africa #BinanceNews #DigitalTrust #CryptoThenAndNow