A stablecoin pegged to the US dollar, widely used in cryptocurrency transactions for its stability and liquidity.
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.
Binance Surges Past $100T in Trades, Cements Dominance in Cooling Crypto Market
Binance recorded $21.6 billion in user deposits in 2024. Binance became the first platform to exceed $100 trillion in lifetime trading volume.
Nigerian crypto companies should be cautious as SEC recognises crypto as securities
The Nigerian SEC has classified cryptocurrencies as securities under the ISA 2025. This legal recognition has been met with excitement in the crypto community, but caution is advised.
