IMF warns as Nigeria captures 60% of SSA stablecoin inflows

•Flags risks to monetary policy, financial integrity •As Nigeria ranks 2nd globally, with  $59bn  crypto inflows  By Emma Ujah &   Elizabeth Adegbesan  The International Monetary Fund (IMF) has disclosed that Nigeria accounts for about 60 percent of stablecoin inflows into Sub-Saharan Africa,SSA, while warning that the growing use of dollar-backed digital assets could pose risks to […] The post IMF warns as Nigeria captures 60% of SSA stablecoin inflows appeared first on Vanguard News.

By Urowayino Jeremiah