Nigeria to launch first regulated stablecoin

CAT December 28, 2023 1 min read

Anna Kharton

A consortium of Nigerian banks, fintechs and blockchain companies is developing the first regulated Naira stablecoin, cNGN. The new stablecoin cNGN will be a consortium-based compliant and regulated Naira stablecoin. cNGN will be pegged 1:1 to NGN, but unlike previous…

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Nigeria to launch first regulated stablecoin

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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