stablecoin adoption
Nigeria’s central bank has established a task force to investigate the potential adoption of stablecoins, raising questions about the future viability of the eNaira. The move comes as stablecoins are increasingly gaining popularity within the country. The central bank’s initiative reflects a growing interest in alternative digital currencies amid challenges faced by the eNaira. As the financial landscape evolves, the task force will assess the implications of stablecoin integration into Nigeria’s economy.
