cNGN, the Naira-backed stablecoin issued by private company WrappedCBDC, has launched on the Celo blockchain, opening a new channel for instant foreign exchange (FX) settlement and cross-border payments using digital tokens.
The integration allows users to swap cNGN for dollar-backed stablecoins, such as Tether’s USDT, through Textile FX, a cross-chain liquidity network that said it had…
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