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Report: USDT favored in Nigerian states with underdeveloped banking infrastructure

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2024-06-11 02:40:56
Interest in dogecoin is more prevalent in Nigeria's conservative northern states of Katsina and Borno, according to a report by Nairametrics, adding that these states, as well as Akwa Ibom, Jigawa and Yobe, have also shown significant interest in Solana.
The report also noted that in states with limited banking services, Nigerians seem to prefer stablecoin USDT. Google data shows that USDT is in high demand in Ebonyi, Anambra, Jigawa, Bauchi and Enugu states. Ethereum is the most searched cryptocurrency in the southeastern region of the country.
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