A growing number of Nigerians are using stablecoins to send and receive cross-border payments faster and at lower cost than traditional banking systems. Businesses say the digital assets, pegged to the US dollar, help cut delays, reduce fees, and simplify international transactions.
Monday, June 29, 2026
Nigerians turning to stablecoins to move money across borders
A growing number of Nigerians are using stablecoins to send and receive cross-border payments faster and at lower cost than traditional banking systems. Businesses say the digital assets, pegged to the US dollar, help cut delays, reduce fees, and simplify international transactions.
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