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Bitcoin.com
2024-01-07 10:30:12

Consortium of Nigerian Banks and Fintechs Cleared to Pilot Stablecoin

Consortium of Nigerian Banks and Fintechs Cleared to Pilot Stablecoin

The Nigerian central bank has given its go-ahead for the Africa Stablecoin Consortium (ASC) to pilot its cNGN stablecoin initiative in the financial regulator’s regulatory sandbox. The ASC asserts that the cNGN stablecoin can prove to be vital not only for the country’s payment rails but for the CBN’s digital currency as well. ASC’s Stablecoin

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