Defi technologies invests in continental stablecoin inc., backers of cngn, to accelerate regulated stablecoin adoption across africa

Defi technologies invests in continental stablecoin inc.: the company has made an investment through a safe to support the development of regulated local currency stablecoins in africa, including nigeria's cngn stablecoin, alongside coinbase ventures, adaverse and other stablecoin industry leaders. nigeria leads global stablecoin adoption: with over 25.9 million users and an 11.9% penetration rate, nigeria ranks first worldwide in stablecoin usage, driven by demand for usd-pegged assets, cross-border payments, and regulatory advancements.
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