Nigeria — No. 1 in the world for stablecoin ownership



Not the USA, not Europe, not Asia. It’s Nigeria.

59% of users hold USDT, 48% hold USDC.

The reason is simple: when the local currency loses 20–40% annually, stablecoins become a way to preserve wealth.

But there’s also a problem. These dollars can’t be spent normally.

— No merchant acceptance
— No subscriptions
— No billing
— No convenient business transfers

People hold USDT as “savings,” but every time they have to convert back to fiat to make a payment.

As a result, $308 billion in stablecoins are already in circulation, but where they are most needed, they are almost unusable.

The problem isn’t demand. It’s infrastructure.
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