With 99% awareness and $59 billion in on-chain volumes in a year (of which 72% are in stablecoins), Nigeria has become the heart of the African crypto ecosystem in recent years. But behind these spectacular figures, the reality is more nuanced. 👉 For part of the connected youth, crypto is primarily a survival tool: escaping the collapse of the naira (-70% in two years), receiving salaries in stablecoins, or circumventing arbitrary banking limits. 👉 For others, it’s a source of income: managing communities, farming airdrops, freelancing paid in USDC. In a country where the official minimum wage is $50, these opportunities can yield $1,000 to $4,000 per month. 👉 However, adoption remains limited. Technological complexity, frequent scams, and still unstable regulation hinder large-scale dissemination. The country is walking a tightrope: between economic necessity and structural vulnerability. The builders of @useazza, @BlockradarHQ, @SuperteamNG, @base, @cngn_co are inventing...
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