Unlike eNaira, cNGN is growing and has surpassed $15M in TTV. Here is what’s powering that growth
- eNaira facilitated only about 855,000 transactions worth about $18.3 million in 28 months.
- cNGN is on track to eclipse eNaira's transaction volume in just one-third of the time.
- cNGN's transfer volume has been growing at an average of 77.42% month-on-month since its launch.
The rapid growth of cNGN, driven by strategic partnerships and fintech adoption, highlights the potential for digital currencies in emerging markets. However, the competition among blockchains and the potential for new stablecoins could reshape the landscape, necessitating continuous innovation and adaptation from existing players.
