News, data and analysis on tokenized assets, market design and digital economic systems.
Currency substitution, remittance corridors and settlement gaps in economies where the demand for dollar liquidity is structural.
Cohort 2 of the Central Bank of Nigeria's regulatory sandbox takes applications from 12 August for supervised live testing of stablecoin issuance, virtual asset payments, custody and on-ramps.
SC Ventures, the Sony Innovation Fund, Polychain Capital and Blockchain Capital back the pan-African payments company's dollar-account business, taking its equity financing past $120m as it moves into Latin America and the Asia-Pacific.
The OTC exchange's NDSP, built on Blockstation rails, is to issue, trade, clear and settle tokenized securities, with a first public offering slated for early September.
A memorandum of understanding puts securities tokenization, blockchain settlement and investor education on the table at East Africa's largest exchange, with the role of USDT still undefined.
The exchange holding Nigeria's first provisional digital asset approval says businesses can now settle in 14 currencies across nine African markets and beyond, a bet that regulated rails can undercut some of the world's costliest payment corridors.
Kenya gazetted the Virtual Asset Service Providers Regulations, 2026 on 24 July 2026, completing implementation of the VASP Act assented to in October 2025.
The Bank for International Settlements published the money and payments chapter of its 2026 Annual Economic Report on 23 June 2026, arguing that stablecoins fall short on singleness, elasticity and integrity of money.
The IMF Executive Board concluded its 2026 Article IV consultation with Nigeria on 9 June 2026 and identified stablecoin oversight as a priority.
Mastercard and the African digital-asset platform Yellow Card announced a partnership on 7 May 2026 to build stablecoin-based payment and settlement rails across Eastern Europe, the Middle East and Africa.
An IMF working paper published on 27 March 2026 examined cross-border stablecoin flows and their effects on emerging-market foreign exchange rates.
Receiving $200 in Sub-Saharan Africa cost 8.46% in the third quarter of 2025; the tokens undercutting that price are almost entirely dollar-denominated, and the flows are unmeasured.
What issued, what settled, what the supervisors changed, with the numbers behind it and a note on what the numbers do not show. One email, Thursday mornings.
Unsubscribe in one click.