Tag: Stablecoin

Kenyan fintech HoneyCoin raises $4.9m to expand African stablecoin payments
News

Kenyan fintech HoneyCoin raises $4.9m to expand African stablecoin payments

Kenyan fintech startup HoneyCoin has secured $4.9 million in seed funding to accelerate its expansion into African, Latin American, and Asian markets. The round was led by Flourish Ventures, with participation from TLcom Capital, Stellar Development Foundation, Lava, Musha Ventures, 4DX Ventures, Antler, and Visa Ventures. Founded in 2020, the Nairobi-based company operates stablecoin-powered payment […]

Nigeria to develop cNGN Stablecoin in 2024 - Report
Crypto

Nigeria tops global stablecoin adoption in 2025 – Report

Nigeria has been ranked as the world’s top country for stablecoin adoption in the newly released 2025 Report on the State of Digital Assets Regulation in Africa by Yellow Card. The report also places Nigeria second globally in overall digital asset usage, just behind India, according to the licensed African stablecoin payments provider. Touted as […]

Nigeria to develop cNGN Stablecoin in 2024 - Report
Crypto featured

ICYMI: Nigeria to develop cNGN Stablecoin in 2024 – Report

Nigeria is apparently launching its first regulated Naira stablecoin called cNGN following the lifting of a two-year ban on cryptocurrency trading through official channels. The new stablecoin cNGN is being developed by a consortium of Nigerian banks, fintechs, and blockchain businesses and will be consistent with the regulations set by the stakeholders and controlled Naira […]