A Naira-backed stablecoin that facilitates trading on the Asset Chain decentralized exchange.
Roqqu is the latest Nigerian crypto startup to list the cNGN stablecoin
Roqqu has listed the compliant Naira (cNGN), a stablecoin pegged 1:1 to the local currency. The cNGN stablecoin has ₦604 million ($395,000) in circulation and is minted across six blockchains.
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.
A functioning local stablecoin strengthens case for digital asset regulation, says Luno Nigeria CEO
Nigeria is recognized as a top market for crypto transactions. The Nigerian government has stalled on accepting cryptocurrencies as a means of digital exchange during the last administration.
Quidax joins Busha to list SEC-regulated cNGN stablecoin amid crypto push
Quidax received a provisional license in August 2024. cNGN, Nigeria's first regulated stablecoin, was listed by Quidax on March 12.
Nigeria’s First “Compliant” Stablecoin Launches Amid Skepticism
cNGN has been launched as Nigeria's first compliant stablecoin. The stablecoin is included in the Nigerian SEC's incubation program.
