Blockchain & Web3Africa

Nigeria to host Africa’s first stablecoin summit in Lagos

As stablecoins increasingly power remittances, cross-border trade, and dollar-based savings across Africa, a major industry gathering is stepping in to shape the continent’s future in digital finance. The Stablecoin Summit 2025, the first of its kind in Africa, is set to bring together key players to explore how this rapidly evolving asset class can address real economic challenges and drive financial inclusion at scale.

Under the theme “Enhancing adoption for a borderless digital economy,” the summit will tackle the infrastructure, regulatory, and trust gaps that still limit stablecoin use on the continent. Organised by the Africa Stablecoin Network, the one-day event will be held on Thursday, 24 July 2025, at the Lagos Oriental Hotel, Victoria Island.

Founder and summit convener Nathaniel Luz emphasised the urgency of the conversations, noting that “Stablecoins may be a luxury for the West, but they’re a lifeline for Africans who need efficient, low-cost access to global financial tools.” As the demand for on-chain finance grows, the summit aims to set the tone for what an Africa-first stablecoin ecosystem could look like.

The speaker lineup features notable voices in policy and Web3 innovation, including Obinna Iwuno, President of SiBAN; Monalisa Agbata, CEO of OneDev; Franklin Peters, CEO of BoundlessPay; and Harrison Obiefule, co-lead at Superteam Nigeria. Attendees will engage in panel discussions, keynote sessions, product demonstrations, and a pitch competition offering $ 10,000 in prize funding for Web3 startups. A student essay contest will spotlight emerging thinkers from across the region.

By convening regulators, builders, and capital allocators, the summit aims to move the narrative from speculation to real-world use. In a continent where monetary instability, inflation, and FX limitations are lived realities, stablecoins represent not just a technology but a tool of economic empowerment.

As Africa builds its on-chain economy, events like this are no longer optional; they’re foundational. The Stablecoin Summit represents a pivotal moment to forge collaboration between regulators, innovators, and capital allocators, shaping policy and products that truly serve African users.

Read also: U.S. Senate Republicans release principles for crypto regulation reform

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