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Nairaland Forum / Nairaland / General / Business / Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 (15328 Views)
CBN Approves cNGN "Stablecoin" For February Launch / Nigerian Banks Set To Increase Cash Withdrawal Limits To N100,000 / Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target (2) (3) (4)
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Nahunger(m): 6:54am On Dec 29, 2023 |
Lol |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by jaxxy(m): 6:57am On Dec 29, 2023 |
gimmicks won't improve the economy or strength the naira. We are just wasting money temporary quick fix scams. |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by stasius: 7:03am On Dec 29, 2023 |
What happened to eNaira? Mtcheew |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by FireUpNow(m): 7:07am On Dec 29, 2023 |
Nor be only Blockchain e for be cementchain. Nonsense 1 Like |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by nonhuman(m): 7:09am On Dec 29, 2023 |
Stupid people in government what happened to the e naira, APC government are fools |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by YourKarma: 7:16am On Dec 29, 2023 |
FreeStuffsNG: What happened to eNaira after all the hype and billions wasted on implementation? You guys are a bunch of clowns |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by ubev01(m): 7:17am On Dec 29, 2023 |
Nbote:i think you are wrong. To convert your usdt to naira, no more need for p2p with all the risk involved, just swap from usdt to cngn and your naira is on its way to your bank account. I think it's a great idea if implemented well |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by pipnator00(m): 7:28am On Dec 29, 2023 |
Good move if they can truly sustain it. It will make naira more accessible plus make conversion of Naira to USD and other foreign currencies easy. **Damn can't wait to see what 2024 brings with regards to tech. From AI to EV, driverless cars, e-helicopter and now our cNGN. |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by ObalendeCMS: 7:30am On Dec 29, 2023 |
Foolish old men!
I wonder the kind of children they rear. |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Mightypenlord(m): 7:32am On Dec 29, 2023 |
Toor we dey wait Pls I wan ask wetin be ussd for access bank |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Raysleek: 7:34am On Dec 29, 2023 |
Godfullsam:When emefiele tried it, didn't it cause more inflation. I think do away with oyinbo economics and think of ingenious solutions. We need to look within. |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by ColonelMichael: 7:41am On Dec 29, 2023 |
FreeStuffsNG: The way you talk nonsense, many people will never consider you serious if your brain works for 100ms... after all you are a Mohammedan and you guys reason from your anus. 1 Like |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by lexy2014: 7:45am On Dec 29, 2023 |
Godfullsam: how does reducing the volume of naira in circulation drive down the prize of commodities and minimize inflation? when Emefiele did it, how much reduction in inflation did it achieve? 3 Likes |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Natbrowny: 7:45am On Dec 29, 2023 |
NIGERIAN BANKS YOU SAY. WOW..DIDNT KNOW THEY STILL EXIST. THATS GOOD NEWS.. 👍 |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by XAUBulls: 7:51am On Dec 29, 2023 |
FreeStuffsNG: 1 Like 1 Share |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Israel07: 7:51am On Dec 29, 2023 |
Even an uneducated dumb fool knows that this makes no sense |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Nukilia: 7:51am On Dec 29, 2023 |
Godfullsam: ![]() ![]() ![]() |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Iamzik: 7:59am On Dec 29, 2023 |
Godfullsam: How will reduction of cash supply drive down price of commodities? 1 Like |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by lexy2014: 8:01am On Dec 29, 2023 |
Opolopoopolonio:which people are you referring to? |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Walezy2020: 8:02am On Dec 29, 2023 |
Let's see how it goes am a crypto enthusiast but I never for once check enaira because it's not built on blockchain,now another one coming that's blockchain oriented now I see why they lift ban on cryptocurrency.,.with this initiative I hope people will start to embrace naira.another thing that will strengthen naira is that if it can be possible we should start using Naira squarely if those in abroad wanna send money they should send naira not dollars afterall naira is our official currency not dollar |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by lexy2014: 8:02am On Dec 29, 2023 |
Iamzik:he is trying to test his knowledge of secondary school economics. am waiting for him to answer the question |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by ExudeLoveToAll: 8:03am On Dec 29, 2023 |
tollyboy5: This is a valid question..,. They can't use parallel market rate meaning they will have to use official rate and we will set the effect it will create when it does happen 1 Like |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by TOMMYS: 8:07am On Dec 29, 2023 |
Godfullsam: The naira redesign did it reduce the volume of naira in circulation and did it drive price of commodities down?. |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by panpan(m): 8:08am On Dec 29, 2023 |
It appears as if Nigeria is being used as a test case for the elimination of cash from the society. |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by sulakishop(m): 8:12am On Dec 29, 2023 |
I tot there's a ban on crypto... |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by psucc(m): 8:24am On Dec 29, 2023 |
Godfullsam:The Economics textbook you read has been thrown away. Please find and read modern ones. Already, the volume of liquid cash in circulation is not enough, hence you're using naira to buy naira (POS charges), dry ATM machine and rationed cash withdrawal over the counter. |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by bitbillionaire: 8:25am On Dec 29, 2023 |
Way to go. The future of all currencies is digital and crypto. I am seeing a future where paper money would be banned and everybody would be using digital currencies and cryptos |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by DDIA: 8:26am On Dec 29, 2023 |
So they want to use CELO |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by faceland: 8:28am On Dec 29, 2023 |
If you can regulate it, it is no longer a fancy cryptocurrency. How would the promoters scam the public if their is government regulations? You need to tell people that the value would increase so they buy it with the hope of selling it (like a pyramid scheme). |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by Nbote(m): 8:31am On Dec 29, 2023 |
ubev01: Why would you need p2p since the ban on crypto has been lifted?? What happened to eNaira?? |
Re: Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024 by faceland: 8:31am On Dec 29, 2023 |
LikeAking: Someone is scamming the government right now whole scale. Unfortunately, it is probably a Whiteman. ![]() All those old baba would hear 'blockchain' and just sign paper. 1 Like
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