*Ten things to know about cNGN, Nigeria’s STABLECOIN* BusinessDay Newspaper February 17, 2025 https://businessday.ng/technology/article/ten-things-to-know-about-cngn-nigerias-stablecoin/ *...…...cNGN is Nigeria’s STABLECOIN, designed to maintain a fixed value, making it practical for payments, remittances, and trading. STABLECOINS like cNGN operate with stability, ensuring swift and low-cost transactions via blockchain technology.* *.........over 66.1 million cNGN has been minted, held by 20 wallet addresses, with 74 on-chain transactions recorded. Currently, cNGN is only available on one cryptocurrency exchange — Busha. Expanding its adoption will require increased education and publicity.* 1, How cNGN is created 2, It is a cryptocurrency 3, It is privately managed 4, cNGN is different from e-naira 5, cNGN is available already 6, cNGN reduces dependence on US-Dollar 7, It has benefits for businesses 8, It will improve financial inclusion 9, It should have launched since last year 10, It is not the only naira-backed stablecoin *🔥It is launching on quite a few blockchains:* Assetchain, Bantu, Base, Binance, Ethereum, Polygon, and TRON. Bantu is the primary blockchain for issuance with a balance of Naira 66 million ($44,000) across them all.