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Nigeria to host first Africa stablecoin summit in Lagos

Abimbola Samuel by Abimbola Samuel
June 25, 2025
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Nigeria to host first Africa stablecoin summit in Lagos

Nigeria to host first Africa stablecoin summit in Lagos

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The Nigeria Stablecoin Summit, a first-of-its-kind event and Africa’s premier conference on stablecoins, is set to take place in Lagos on July 24.

The event is organised by the Africa Stablecoin Network (ASN) as a step to accelerate the adoption of a borderless digital economy by leveraging Nigeria’s expanding tech talent and the transformative potential of stablecoins.

The summit, themed “Enhancing Adoption for a Borderless Digital Economy,” will feature policymakers, fintech leaders, regulators, and innovators to shape the future of digital payments across Africa.

Why the Africa stablecoin summit matters

As Africa’s digital workforce continues to grow—particularly in Nigeria, where grassroots initiatives are nurturing one of the continent’s largest pools of tech talent—the need for seamless, borderless payment solutions is becoming more urgent. Stablecoins provide a practical solution to this challenge, enabling faster and more reliable cross-border transactions.

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“Digital payments have a huge role to play in Nigeria’s economy,” the summit agenda notes, underscoring the importance of interoperable systems and trustworthy on-ramps that connect everyday transactions to the digital asset ecosystem.

Nathaniel Luz, President of ASN and convener of the summit, describes the event as a pivotal moment for Africa’s financial future. “While stablecoins are a luxury for the West, they are an economic lifeline for Africa,” he asserts.

The summit will feature high-profile speakers, including Obinna Iwuno of the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), Monalisa Agbata (CEO of OneDev), and Franklin Peters (CEO of BoundlessPay), who will explore regulatory frameworks, infrastructure development, and real-world applications of stablecoins.

Furthermore, the event will feature panel discussions, pitch competitions offering $10,000 prizes for startups, and an essay contest for undergraduate students.

Participants will address critical challenges, such as currency volatility and financial inclusion, while exploring Africa’s leadership in the adoption of stablecoins.

Next steps for Africa’s digital economy

As Lagos prepares to welcome stakeholders from across the continent, the summit represents a milestone in Africa’s digital finance growth.

“This is about building a sustainable ecosystem that solves real-world problems,” Luz emphasises. With Nigeria at the forefront, the event promises to accelerate the integration of stablecoins into mainstream finance, unlocking economic potential for millions.

Interested participants can register at summit.afristablecoin.org to join the conversation at the Lagos Oriental Hotel on July 24.

Tags: AfricaAfrica Stablecoin NetworkLagosNigeria Stablecoin SummitStablecoin
Abimbola Samuel

Abimbola Samuel

Experienced crypto writer with 2+ years of expertise. Skilled researcher and analyst delivering high-quality articles. Providing insightful perspectives on the latest crypto trends.

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