*JP Morgan* has been actively involved in the development and exploration of *stablecoins and cryptocurrencies.* The bank has been testing blockchain payments and is eyeing stablecoins, particularly those with federal insurance clarity. JP Morgan views stablecoins as a scalable alternative to cryptocurrencies, designed to minimize price fluctuations. The bank has also recognized the potential of stablecoins in driving institutional investment into the cryptocurrency market. In terms of specific initiatives, JP Morgan has been working on deposit tokens, which are digital assets on a blockchain pegged to a paper currency and backed by high-quality liquid assets. *The bank has also been exploring the use of blockchain technology for cross-border payments and other financial transactions.* Overall, JP Morgan's relationship with stablecoins and cryptocurrencies is one of exploration and innovation, as the bank seeks to leverage these technologies to improve financial services and stay ahead of the curve in the rapidly evolving fintech landscape.

*Quidax has indeed listed the compliant Nigerian naira (cNGN) stablecoin on its platform. This listing occurred on March 12, 2025, following a similar move by Busha, another provisionally licensed exchange.* The cNGN stablecoin is actually issued by a consortium of Nigerian banks and fintech companies. cNGN Stablecoin can be swapped to WBNB, Binance Coin. *With this listing, users can now send, receive, and trade the cNGN Stablecoin with WBNB cryptocurrency and exchange it into a bank directly.* WBNB stands for Wrapped Binance Coin. It's a wrapped version of the Binance Coin (BNB) that's pegged 1:1 to the original BNB token on the Binance Blockchain. *Here are some notable blockchains that can work with Binance Smart Chain (BSC):* 1. Ethereum (ETH) 2. Binance Chain (BNB) 3. Cosmos (ATOM) 4. Polkadot (DOT) 5. Solana (SOL) 6. Polygon (MATIC) 7. Avalanche (AVAX) 8. Fantom (FTM) 9. Harmony (ONE) 10. OKC (OKT) Additionally, Binance Smart Chain supports cross-chain bridges, enabling interoperability with other blockchains, such as - Bitcoin (BTC) - Litecoin (LTC) - Dogecoin (DOGE) These bridges allow for seamless transfers of assets between different blockchain networks. *🌏Blockchain and cryptocurrency are becoming a must for every home*

*Quidax has indeed listed the compliant Nigerian naira (cNGN) stablecoin on its platform. This listing occurred on March 12, 2025, following a similar move by Busha, another provisionally licensed exchange.* The cNGN stablecoin is actually issued by a consortium of Nigerian banks and fintech companies. cNGN Stablecoin can be swapped to WBNB, Binance Coin. *With this listing, users can now send, receive, and trade the cNGN Stablecoin with WBNB cryptocurrency and exchange it into a bank directly.* WBNB stands for Wrapped Binance Coin. It's a wrapped version of the Binance Coin (BNB) that's pegged 1:1 to the original BNB token on the Binance Blockchain. *Here are some notable blockchains that can work with Binance Smart Chain (BSC):* 1. Ethereum (ETH) 2. Binance Chain (BNB) 3. Cosmos (ATOM) 4. Polkadot (DOT) 5. Solana (SOL) 6. Polygon (MATIC) 7. Avalanche (AVAX) 8. Fantom (FTM) 9. Harmony (ONE) 10. OKC (OKT) Additionally, Binance Smart Chain supports cross-chain bridges, enabling interoperability with other blockchains, such as - Bitcoin (BTC) - Litecoin (LTC) - Dogecoin (DOGE) These bridges allow for seamless transfers of assets between different blockchain networks. *🌏Blockchain and cryptocurrency are becoming a must for every home*

*cNGN: Nigeria’s First REGULATED STABLECOIN Explained* BusinessDay Newspaper February 20, 2025 https://businessday.ng/technology/article/cngn-nigerias-first-regulated-stablecoin-explained/ *......cNGN, meaning Compliant Naira, is a STABLECOIN that is pegged 1:1 to the Nigerian Naira. This means that 1 cNGN always equals 1 Naira, making it a stable digital representation of Nigeria's currency* *cNGN was developed by the Africa STABLECOIN Consortium (ASC), a partnership of Nigerian banks, fintech firms, and blockchain companies.* *Key Features of cNGN Stablecoin:* Regulated – *Issued under Nigeria’s financial regulations.* *A Step Toward Crypto-Friendly Regulation* Blockchain-based – *Works on decentralised financial platforms.*

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