Ripple to provide digital assets custody services for Absa’s users
The move combines modern digital asset technology with the security and trust of a tradfi institution to provide digital asset custody.
Tech
Coinbase-backed Onboard 3.0 attracts 10k users two months after launch
In July, Onboard announced a new iteration of its platform — an all-in-one app to receive and manage payments in both crypto and fiat.
Luno expands access to tokenized US stocks to Nigeria
Nigerians can now invest as little as ₦100 in stocks of companies such as Apple, Meta and NVIDIA through Backed Finance-owned xStocks.
Mariblock Roundtable: Are local stablecoins the next big wave in crypto?
The discussion featured representatives from traditional investment platform Risevest alongside cNGN’s technical team.
Ripple brings stablecoin RLUSD to Africa in partnership with Chipper Cash, VALR, Yellow Card
Ripple described Africa as a “natural next step” for RLUSD, citing increasing demand among businesses worldwide.
Nigeria leads stablecoin adoption with $22 billion in transactions
According to the study, stablecoins accounted for 43% of total crypto transaction volume in sub-Saharan Africa in 2024.
Stablecoin flows in Africa hit 6.7% of GDP in 2024 – IMF
Only Latin America and the Caribbean (7.7%) surpassed Africa in flows relative to GDP.