A stablecoin pegged to the US dollar, widely used in cryptocurrency transactions for its stability and liquidity.
Monica Launches Instant Bitcoin to Naira Conversion Service, Enhancing Crypto Usability for Nigerians
Monica.cash launched a real-time Bitcoin to Naira conversion service in Nigeria. The platform enables instant liquidity for users without exposure to unregulated trading risks.
Africhange Technologies Limited launches USD virtual accounts and new crypto-powered features
Africhange Technologies Limited launches three new cryptocurrency features on its remittance platform. The fintech operates across Nigeria, the UK, Canada, and Australia, serving corridors throughout Africa and Europe.
Asset Chain launches P2P blockchain trading platform with zero fees
Asset Chain launched a Layer-1 blockchain to facilitate safer trading of digital and real-world assets in Nigeria. The new decentralized exchange (DEX) allows users to trade USDT and cNGN without transaction fees.
Crypto as a growth enabler for innovation and development in Nigeria—But first, regulation
A trader in Onitsha uses cryptocurrency to send USDT to her supplier in Guangzhou, reducing transaction time from three days to under three minutes. Between July 2023 and June 2024, Nigerians traded over $59 billion in cryptocurrency, making Nigeria the second-largest market globally.
Exhibitor Spotlight: Divest is fuelling crypto liquidity at Lagos Startup Expo 2.0
Nigerians are turning to cryptocurrency for faster money movement and hedging against currency volatility. Liquidity is essential for the success of cryptocurrency adoption in Nigeria.
