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NGN RATE

#stablecoins

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Nigeria Approves cNGN Stablecoin
Posted inBlockchain Crypto Economy NEWS

Nigeria Approves cNGN Stablecoin

Posted by By Akachukwu Chukwuma 11/02/2025
Nigeria has granted regulatory approval to the Compliant NGN stablecoin (cNGN), marking a significant step…
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Ethena Labs partners with Trump’s World Liberty Financial
Posted inBlockchain Crypto Economy NEWS Trends

Ethena Labs partners with Trump’s World Liberty Financial

Posted by By Akachukwu Chukwuma 19/12/2024
Ethena, a decentralized finance (DeFi) protocol, has partnered with World Liberty Financial, a company backed…
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Hong Kong Considers Bill to Regulate Stablecoins
Posted inBlockchain Crypto Economy Exchange Politics Regulations Stablecoins Technology WEB 3.0

Hong Kong Considers Bill to Regulate Stablecoins

Posted by By Akachukwu Chukwuma 09/12/2024
Hong Kong plans to introduce new rules to regulate stablecoins (a type of cryptocurrency tied…
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‘Uptober’, Tether’s USDT reaches $120B market capitalization
Posted inBitcoin NEWS Stablecoins

‘Uptober’, Tether’s USDT reaches $120B market capitalization

Posted by By Eze Chichetaram 25/10/2024
According to Tether's website, which tracks updates and performance of their stablecoin, the USDT, in…
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African nation of Eswatini releases design for tokenized retail CBDC
Posted inCrypto NEWS Regulations Stablecoins

African nation of Eswatini releases design for tokenized retail CBDC

Posted by By Eze Chichetaram 11/10/2024
The Central Bank of Eswatini, a small country between South Africa and Mozambique, has presented…
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TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks
Posted inBlockchain Crypto NEWS Stablecoins

TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks

Posted by By Akachukwu Chukwuma 04/10/2024
Driven by the network’s increasing stablecoin activity and efforts to tap into the growing memecoin…
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Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance
Posted inCrypto Economy NEWS Stablecoins

Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance

Posted by By Eze Chichetaram 03/10/2024
Like an inverse proportion, Nigeria and Ethiopia are suffering a decrease in the value of…
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Nigerian remote workers prefer to be paid in stablecoins 
Posted inCrypto NEWS Stablecoins

Nigerian remote workers prefer to be paid in stablecoins 

Posted by By Akachukwu Chukwuma 27/09/2024
Nigeria has consistently ranked high in global cryptocurrency adoption. A recent Chainalysis report confirms that…
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New Report: Nigeria and Others Top in CBDC Global Adoption
Posted inEconomy NEWS Stablecoins

New Report: Nigeria and Others Top in CBDC Global Adoption

Posted by By Eze Chichetaram 17/09/2024
About 134 countries, constituting 98% of the representing 98% of global GDP, are currently exploring…
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The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO
Posted inCrypto NEWS Stablecoins

The Issuer of USDC Stablecoin, Circle Moves HQ to New York Ahead of IPO

Posted by By Akachukwu Chukwuma 16/09/2024
The company behind the world’s second-largest stablecoin, Circle Internet Financial, is moving its global headquarters…
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Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B
Posted inCrypto NEWS Stablecoins

Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B

Posted by By Akachukwu Chukwuma 11/09/2024
The current Coingecko State of Stablecoins 2024 report shows that fiat-backed stablecoins with $161.2B Markets…
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SEC DG Emomotimi Agama Charts Future-Ready Vision for Nigeria’s Financial Markets at NCMA Awards
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Naira Closes Strong at N1,579/$1 as CBN Reforms Boost Investor Confidence
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