How Are Stablecoins Changing Nigeria's Cryptocurrency Scene? đłđŹ
#Stablecoins like USDT are gaining favor in Nigeria's crypto landscape due to their tie to the US dollar, offering a shield against Naira inflation.
While Brazil's interest in #Bitcoin rises, Nigerian users increasingly prefer stablecoins. El Salvador maintains Bitcoin dominance, introducing a citizenship program tied to BTC or USDT donations.
Brazil's largest bank enters crypto, amid #regulatory changes, while Nigeria's crypto market, though significant, faces challenges amid global shifts favoring crypto-friendly countries.
Despite declining Bitcoin interest, Nigeria remains a crypto adopter with consistent growth since 2021.
