Stablecoins Propel Nigeria to 2nd Place in Crypto Adoption

Nigeria’s cryptocurrency economy has boomed, making it a global leader in crypto adoption. According to a report by Chainalysis, between July 2023 and June 2024, the African country ranks second worldwide. A key factor behind this rise is the increasing adoption of stablecoins across Sub-Saharan Africa, driven by the need for inflation hedging, cross-border payments, The post Stablecoins Propel Nigeria to 2nd Place in Crypto Adoption appeared first on Coin Edition .

Source: Coin Edition