Overview
cNGN is a regulated, naira-backed stablecoin engineered for compliance and daily commercial use in Nigeria. Settlement leg for hyperfx on-chain FX engine.
Recent Developments
- 2026-07-08: Exclusive naira settlement rail for polytope-labs HyperFX launch (2026-07-08-polytope-hyperfx-stablecoin-fx-engine)
- 1:1 fiat naira redemption to Nigerian bank accounts
- Liquidity support via Vantage Liquidity (HQLA-backed); up to 7% incentives on cNGN deposits
- MD Uyoyo Ogedegbe: built with regulators for programmable compliant settlement