Nigeria’s First SEC-Licensed Exchange, Quidax, Expands Stablecoin Infrastructure to Over 21 Countries
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. Africa loses an estimated $5 billion annually to cross-border payment fees and inefficiencies. When a business in Accra, Ghana pays a part