Nigeria’s crypto boom is now too big for Abuja to ignore
The crypto market adoption and use in Nigeria is driven overwhelmingly by utility, rather than speculation: Dollar-pegged stablecoins, especially USDT and increasing adoption of USDC, are used widely as a mechanism to hold working capital, as a means of savings, and for peer-to-peer transactions. The American dollar and dollar-pegged stablecoins…
bubmagJuly 27, 2026