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Using stablecoins as a business in Nigeria

2 of the providers we track offer this to businesses registered in Nigeria: Bridge, Flutterwave. With limits: BVNK, Rain. Not confirmed for Nigeria: EBANX.

BridgeStablecoin infrastructure
Available

Wallets, orchestration across fiat and stablecoins, and Open Issuance to launch your own stablecoin.

FlutterwaveRegional processor
Available

Stablecoin wallets and transfers: fund a USDC/USDT/RLUSD wallet from NGN, USD, GBP, EUR or GHS balances and send to wallet addresses on Solana, Ethereum, Base or Polygon.

BVNKStablecoin infrastructure
Limited

Pay-ins, payouts, FX and wallets across major chains, plus a self-custody product.

RainCard issuing
Limited

Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.

May work, not yet reviewed for Nigeria: EBANX.

Offer this, but not to businesses in Nigeria: Checkout.com, PayPal, Rapyd, Stripe, Worldpay.

Moderate riskRules in progress

Stablecoin rules in Nigeria: The Investments and Securities Act 2025 brought digital assets under SEC oversight, and a naira stablecoin (cNGN) launched in 2025. Banks still have limited access to crypto.

Stablecoins without a provider →

Stablecoins in Nigeria: common questions

Which providers can a business in Nigeria use to use stablecoins?

2 of the providers we track offer this to businesses registered in Nigeria: Bridge, Flutterwave. With limits: BVNK, Rain. Not confirmed for Nigeria: EBANX.

Are stablecoins legal in Nigeria?

Rules in progress. The Investments and Securities Act 2025 brought digital assets under SEC oversight, and a naira stablecoin (cNGN) launched in 2025. Banks still have limited access to crypto.

More for businesses in Nigeria