The Africa Stablecoin Network (ASN) has called for a unified regulatory framework to unlock the benefits of stablecoins for the Nigerian economy.
The Network made the call in statement released on Tuesday, where it also expressed support for the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso’s position on the need to modernise cross-border payments.
ASN said it shares the CBN’s vision for faster, cheaper and more inclusive payment systems, noting that stablecoins and digital payment infrastructure can play a major role in achieving those objectives when supported by clear and coordinated regulation.
