Tag

STABLECOINS

At high-profile events in Riyadh, namely Money 20/20 Middle East and the two-day summit Fluidity 2025, Flutterwave Founder and CEO Olugbenga “GB” Agboola highlighted the company’s shift toward supporting stablecoin payments for individuals and enterprises.  
Stablecoins are set to become a major driver of business transactions in Nigeria within the next one to...
Africa’s leading payment company, Flutterwave, and crypto exchange, Yellow Card, have joined 25 other payment platforms across the...
An extensive joint report by Standard Chartered and Zodia Markets research has predicted stablecoins to account for 10%...
Jeremy Allaire, the CEO of USDC Circle has expressed strong optimistic views on the potential of stablecoins saying the assets will account for 10% of global economy in the next ten years. 
The cNGN token, a new stablecoin, is being developed and managed by top-tier Nigerian banks, aiming to benefit both token holders and the Nigerian economy.
Nigeria's volume of crypto transactions experienced a 9% year-over-year growth, surging to a total of $56.7 billion during the period spanning July 2022 to June 2023. 
Since the inauguration of the Tinubu Administration in Nigeria, an unsettling trend has emerged with the gradual and persistent decline of the Nigerian Naira, casting a shadow over the nation's economy.
The decision followed heavy withdrawals from customers who are worried about Binance's stability amid the FTX saga
Binance also announced that it will eliminate and suspend trading on spot pairings as USDC, USDP, and TUSD, beginning on September 29th.
The total supply of stablecoins saw its sharpest drop in history during Q2 2022, attributable to the stablecoin redemptions spiking as a result of short-term liquidity
Northeast Asian country, Japan, becomes one of the first major economies to introduce a legal framework surrounding stablecoins.