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Nigeria launches first compliance stablecoin cNGN

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2025-02-08 02:35:57
Nigeria has launched its first compliance stablecoin, cNGN. The stablecoin has been launched on two exchanges and has entered the Securities and Exchange Commission's (SEC) incubation program. According to Nigerian Senator Ihenyen, the stablecoin pegged to the Nigerian naira will enable faster, lower cost and safer cross-border transfers.
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