CNGN

Compliant Naira

BaseStablecoins

Price
$0.0007233
24h
−0.1%
7d
+0.0%
Market cap
$3.3M
24h volume
$23.0K

base 0xc930784d6e14e2fc2a1f49be1068dc40f24762d3

Report

Compliant Naira (CNGN) is a stablecoin on Base. 4.6B are in circulation, with no maximum. It ranks 2004th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

Introducing the cNGN: Compliant Naira-backed stablecoin.

The cNGN ushers in a new era of financial fluidity, bridging the Nigerian Naira with the global market through blockchain technology. Backed 1:1 by Naira reserves held in designated commercial banks, the cNGN Stablecoin transforms the Naira into a dynamic tool for worldwide remittances, commerce, trade and investment.

More than just a currency, cNGN shortens settlement times, enabling payments that traverse the globe swiftly, mirroring the speed of a text message and at a fraction of the cost. This breakthrough paves the way for instantaneous financial transactions, seamlessly connecting Nigeria’s vibrant economy with international markets and offering unprecedented efficiency in both domestic and global financial interactions.

Compliant Naira's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
4.6B
Total supply
4.6B
Max supply
No cap

Supply as of 2h ago