30 results
- 5 Jan 2024
Banks, Fintechs Set to Launch cNGN Stablecoin
A consortium of Nigerian financial institutions, fintechs, and blockchain experts, the Africa Stablecoin Consortium (ASC) is set to launch a compliant Nigeria Naira (cNGN) stablecoin on February 27,…
- 18 Feb 2026
Nigeria, South Africa Drive Stablecoin Spending in Africa
Africa has emerged as the global frontrunner in stablecoin adoption, with Nigeria and South Africa leading the charge with the fastest adoption rate, as transactions surge across the continent. This…
- 24 Aug 2025
Nigeria Leads Africa in Stablecoin Adoption with $22Bn in Transactions
Nigeria has emerged as the largest stablecoin market in Africa, with nearly $22 billion in transactions recorded between July 2023 and June 2024. This was stated in the latest report released by…
- 27 Aug 2025
Mastercard and Circle Bring Real-Time Stablecoin Settlement to Eastern Europe, Middle East & Africa
As stablecoins continue to solve real-world challenges and improve efficiencies across a range of use-cases, Mastercard and Circle are deepening their longstanding partnership to enable USDC and EURC…
- 3 Oct 2023
Stablecoins to Revolutionise Africa's Economic Landscape
In an era where financial empowerment is paramount, Africa is witnessing a remarkable surge in the adoption of stablecoins, poised to reshape the continent's economic landscape. Cryptocurrency, once…
- 14 Jul 2026
Next Currency Crisis May Turn $300Bn in Stablecoins into National Currencies
The next currency crisis could accelerate the shift of the roughly $315 billion global stablecoin market into a digital-dollar alternative for citizens in emerging economies, notably in regions like…
- 2 Jun 2023
Yellow Card, Tether Partner to Drive Stablecoin Education and Adoption Among the African Youth
Yellow Card, a leading pan-African fintech and cryptocurrency exchange, and Tether, the world's largest stablecoin provider, are pleased to announce the successful completion of Phase 1 of their…
- 29 Jul 2026
Onafriq, Privy Partner to Expand Stablecoin Payments Across Africa
Onafriq, Africa's largest payments network, has partnered with stablecoin infrastructure provider, Privy, to strengthen digital asset infrastructure and accelerate the development of…
- 30 May 2024
PayPal launches its stablecoin on the Solana blockchain to expand market share
Payment giant PayPal has officially deployed its fiat-backed stablecoin, PayPal USD (PYUSD/USD) on the Solana blockchain, which is popular for its cheap, quick transactions and the backing of…
- 30 Nov 2025
Visa Strengthens Stablecoin Capabilities, Hits $2.5bn Annualized Volume
Visa, a global leader in digital payments, today announced the expansion of its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa region (CEMEA) through…
- 17 Jun 2025
SEC Working on Stablecoin Regulation Framework
Securities and Exchange Commission (SEC) is working with developers to establish a regulatory framework for stablecoins, according to Dr. Emomotimi Agama, director-general, SEC. Agama made this…
- 24 Mar 2026
USDC Stablecoin to Expand Reach in Africa via Circle–Sasai Partnership
Circle Internet Group, Inc., one of the world’s leading internet‑financial platform companies, has entered a partnership with Sasai Fintech, a business within Cassava Technologies, to expand access…
- 21 Apr 2026
Nigeria’s Web3 Boom: $43M Raised as Stablecoin Volume Hits $48.2M Daily - Hashed Emergent Report
Hashed Emergent, the venture capital firm accelerating Web3 adoption in Africa and other emerging markets has announced the release of the second edition of the “Nigeria Web3 Landscape Report 2025.”…
- 14 Sept 2020
Paxful Adds Tether USDT to its Platform
Global peer-to-peer bitcoin marketplace, Paxful announced the addition of Tether (USDT) to its platform. USDT belongs to a class of cryptocurrencies known as stablecoins. A stablecoin is a type of…
- 2 Feb 2021
Crypto Platform adds USDC, Bringing “Digital Dollar” Across more Markets
Globally-recognised crypto platform, Luno, has announced the expansion of their offering with the addition of arguably the most secure stablecoin on the market, USDC. USDC is a stablecoin tied to the…
- 18 Mar 2026
Nigeria tops global rankings for USDT, USDC ownership
Nigeria has ranked first globally in the ownership of the two largest stablecoins, Tether (USDT) and USD Coin (USDC), reflecting the country’s growing reliance on dollar-linked digital assets. USDT,…
- 17 Jun 2026
IMF Warns of New Risks for Monetary Policy over $59Bn Crypto Inflows into Nigeria
The International Monetary Fund (IMF) has warned that the rapid expansion of stablecoin usage in Nigeria could significantly weaken demand for the naira and reduce the effectiveness of domestic…
- 30 Apr 2025
Onafriq and Circle Partner to Revolutionize Cross-Border Payments in Africa with USDC
Onafriq, Africa’s largest payments gateway, and Circle, stablecoin market leader and issuer of USDC, today announced their strategic partnership aimed at transforming cross-border payments and…
- 24 Feb 2026
Grey Expands Cross-Border Banking with USD Accounts, USDC Support
Grey, a cross-border payments provider, has rolled out USD business accounts, bulk payments, and USDC stablecoin integration on one platform to streamline international transactions for emerging…
- 22 Apr 2024
IvoryPay, Tether to Drive Crypto Transfers Across Africa
Ivorypay, a blockchain-based payment and remittance firm, has teamed with Tether, the stablecoin pioneer, to improve crypto-based transactions across Africa. Tether is the business that developed the…
- 26 Dec 2018
Facebook Gets into the Cryptocurrency Game
Facebook reportedly is developing its own cryptocurrency for use in a blockchain-based funds transfer service, according to a report by Bloomberg. Facebook’s stablecoin — so called because it is…
- 25 Oct 2021
Bitt Claims Credit for Developing eNaira
Bitt, the global financial technology company that provides digital currency and stablecoin solutions to central banks, financial institutions and ecosystem participants worldwide has claimed credit…
- 28 Oct 2024
Despite Crackdown, $59Bn Cryptocurrency Flow into Nigeria in 12 Months- Report
The latest report from blockchain analytics firm Chainalysis has placed Nigeria in the second spot on the list of countries leading crypto adoption globally, having received approximately $59 billion…
- 8 Jul 2026
Flutterwave Secures Circle Ventures Investment to Deepen USDC Payment
Flutterwave has secured a strategic investment from Circle Ventures, the venture capital arm of Circle Internet Group, to accelerate the expansion of its USDC payments and settlement infrastructure…
- 20 Dec 2023
Basel Committee Proposes Adjustments to Banks’ Exposures to Cryptoassets
The Basel Committee on Banking Supervision has published a consultative document to propose targeted adjustments to its standard on banks’ exposures to cryptoassets. According to a statement released…
- 13 Dec 2024
Binance and Circle Join Forces to Boost USDC Utility Worldwide
Crypto industry giants Circle Internet Group Inc. and Binance have joined forces in a new strategic partnership announced today at Abu Dhabi Finance Week that will expand adoption of USDC and support…
- 12 Nov 2024
SiBAN President Urges Nigeria to Embrace Bitcoin Strategy Amidst Global Crypto Surge
Obinna Iwuno, President of the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), has urged the Nigerian government to consider a national Bitcoin strategy in light of the recent…
- 18 Jan 2026
Nigeria Processed $92.1Bn Crypto Transactions in 12 Months — PwC
Despite lingering regulatory uncertainty, Nigeria processed an estimated $92.1 billion in cryptocurrency transactions between July 2024 and June 2025, reaffirming its position as Sub-Saharan Africa’s…
- 4 Aug 2025
SEC DG Warns as Crypto Adoption Rises in West Africa Without Proper Regulations
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC) Nigeria, has said that West Africa is fast emerging as a global epicentre for virtual asset adoption, propelled…
- 9 Jan 2024
Nigerian Digital Currency Sector Holds Immense Potential for Positive Transformation - Seun Dania, Tradefada CEO
Seun Dania, Founder/CEO of Tradefada, Nigeria’s most actionable and easy-to-use digital currency trading platform. Also, he is a founding member of Digital Currency Coalition (DCC). In an Interview…