Nigeria’s first regulated stablecoin, cNGN, is now listed on Blockradar, a platform offering enterprise-grade wallet solutions for fintechs.
The partnership was announced on Tuesday and will enable builders and innovators across Africa to leverage cNGN’s fast, low-cost transactions for financial products.
cNGN Stablecoin expands accessibility
Blockradar also announced a rewards program, offering up to 10 percent for holding cNGN, with no lockups or complexity. This move aims to boost the adoption of the stablecoin, designed to enhance Nigeria’s digital financial ecosystem.
The collaboration aligns with the company’s mission to simplify stablecoin integration for fintechs, supporting major stablecoins like USDT and USDC across multiple blockchains.
Also, the listing of cNGN on Blockradar marks a milestone for Nigeria’s digital currency landscape. As a regulated stablecoin, cNGN provides a reliable bridge between traditional finance and blockchain that will enable seamless transactions for businesses and consumers.
Blockradar’s infrastructure allows fintechs to integrate cNGN effortlessly, unlocking opportunities for cross-border payments, remittances, and savings products.
“Our clients can now earn up to 10 percent in rewards for holding cNGN,” Blockradar stated, emphasising its no-lockup flexibility.
This development strengthens cNGN’s utility in Nigeria’s capital markets, where speed and affordability are critical. By partnering with Blockradar, the stablecoin gains exposure to a broader fintech audience.
Blockradar’s role in fintech innovation
The company’s blockchain-agnostic platform simplifies stablecoin adoption for fintechs, eliminating the need for deep technical expertise. Its features include multi-chain wallets, Anti-Money Laundering (AML) compliance, and automated transaction monitoring, which are key for scaling digital asset services.
“We’re excited to support cNGN,” Blockradar noted, highlighting its vision for borderless financial services. The firm already powers fintechs using stablecoins for stock investments, invoice payments, and e-commerce.
With cNGN joining its ecosystem, the company reinforces its commitment to emerging markets, where stablecoins can drive financial inclusion and innovation.
As a result, the cNGN-Blockradar partnership signals a leap forward for Nigeria’s digital economy, combining regulatory compliance with cutting-edge infrastructure.
As fintechs embrace cNGN’s rewards and utility, the stablecoin could reshape local and cross-border transactions. Blockradar’s seamless integration tools further position cNGN as a viable alternative for businesses and consumers navigating the digital finance development.
