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Study reveals Nigeria has the highest demand for Stablecoins in the World
Only 15% of Nigerians trust others, compared to China's 60%. For stablecoins to gain adoption in Africa, trust and attestations are crucial.
Nigeria's first local stablecoin, cNGN, is growing at 77% MoM, unlike eNaira, and has surpassed $15M in TTV. What is propelling cNGN's growth?
Across Africa, businesses lose time and money to slow, unreliable payments. Fintechs promise speed, but without shared standards and stronger regulation, moving money across borders will stay harder than it should be.
Circle Ventures has invested in CV VC’s $20 million African Blockchain Fund, marking a major bet on Africa’s stablecoin-powered future.
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