DevTechCabalabout 5 hours ago
Nigeria central bank embraces stablecoins for payments
16 min read
The Central Bank of Nigeria mentioned stablecoins 68 times in its new Payments System Vision 2028, proposing a regulatory framework for them. This marks a sharp reversal from its 2021 ban on crypto accounts. Over 65% of Nigeria's crypto inflows are now in stablecoins like USDT and USDC, per an IMF report.
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