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International News

IMF - International Monetary Fund

06/16/2026 | Press release | Distributed by Public on 06/16/2026 00:10

June 16, 2026Stablecoins in Nigeria: A Growing Cross-Border Channel

IMF Country Focus

Stablecoins in Nigeria: A Growing Cross-Border Channel

By Axel Schimmelpfennig and Bo Zhao

June 16, 2026

U.S. dollar-pegged digital tokens reduce payment frictions but raise new policy trade-offs

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IMF - International Monetary Fund published this content on June 16, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 16, 2026 at 06:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]