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Why cNGN TTV is growing 77% MoM, surpassing $15M in 9 month
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Why cNGN TTV is growing 77% MoM, surpassing $15M in 9 month
If you witnessed the flop of Nigeria’s CBDC, eNaira, you might be tempted to ask how the cNGN, though different, is performing. In 28 months, eNaira facilitated only about 855,000 transactions worth about $18.3 million (₦29.3 billion). cNGN is on track to eclipse this amount in one-third of the time. The cNGN is Nigeria’s first SEC-regulated local stablecoin issued by WrappedCBDC Limited, in collaboration with the Africa Stablecoin Consortium (A…
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