African stablecoin-to-cash costs hit 19.4% in Botswana in January 2026, study finds

African stablecoin cash-out costs vary widely, with Botswana’s median fee at 19.4% in January 2026 and the continental median near 3%. Markets with more providers, such as South Africa at about 1.5%, tend to be cheaper, while limited competition keeps fees elevated in places like Congo above 13%.