Nigeria’s First SEC-Licensed Exchange, Quidax, Expands Stablecoin Infrastructure to Over 21 Countries
The Expansion Unlocks a Compliant Engine for Businesses and Fintechs to Move Value Across Africa and Beyond Quidax, the first digital assets exchange to receive a provisional licence from Nigeria’s Securities and Exchange Commission (SEC), today announced the expansion of its stablecoin infrastructure to more than 21 countries and 14 currencies, enabling startups, fintechs, and global enterprises to move value seamlessly across Africa and key international markets.
The infrastructure supports key African markets including Nigeria, Ghana, Kenya, Tanzania, Rwanda, South Africa, Ethiopia, Cameroon, and Côte d’Ivoire, and extends beyond the continent to Canada, China, the United Arab Emirates, the United Kingdom, the USA, and several European countries.“Africa is home to the world’s fastest-growing economies, yet individuals and businesses pay an ‘African border levy’ every time they move money across the continent,” said Buchi Okoro, CEO and Co-Founder of Quidax.
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