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USD/NGN 1,332.83GBP/NGN 1,783.27USD/NGN black market ₦1,389 ▾0.1%GBP/NGN black market ₦1,879 ▾0.1%EUR/NGN 1,529.72JPY/NGN 8.49CAD/NGN 952.48
USD/NGN 1,332.83GBP/NGN 1,783.27USD/NGN black market ₦1,389 ▾0.1%GBP/NGN black market ₦1,879 ▾0.1%EUR/NGN 1,529.72JPY/NGN 8.49CAD/NGN 952.48

Local stablecoins are great, but who really needs them?

Users need a reason to hold a local token before merchants have a reason to accept it. Merchants need enough users and liquidity before accepting it becomes worthwhile. Liquidity providers need enough trading activity…

Aggregated · originally by TechCabal
21 Sept 2026, 11:15 WAT · 3 min read
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TechCabal

Users need a reason to hold a local token before merchants have a reason to accept it. Merchants need enough users and liquidity before accepting it becomes worthwhile. Liquidity providers need enough trading activity…