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Nigerian Stablecoin Startup Hits $1B

Nigerian Stablecoin Infrastructure Startup Hits $1 Billion in Transaction Volume After Pivot

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaAug 22, 2026

A Nigerian stablecoin infrastructure startup — whose founder's first African crypto venture failed — has reportedly reached $1 billion in transaction volume, with the company claiming approximately tenfold growth over the past 12 months. The milestone is self-reported and provides a concrete, if unverified, scaling benchmark for stablecoin infrastructure in Africa's largest digital-asset market.

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