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Fiat currency · NGN

Nigerian Naira on U.CASH

The Nigerian naira is the largest economy in West Africa's currency, and on U.CASH its on-chain leg is first-class: cNGN, the naira stablecoin issued under Nigeria's 2025 stablecoin framework.

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Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Nigerian Naira at a glance

Code
NGN
Symbol
₦
Local rail
None in the set
Pegged tokens
1

Rails that settle NGN

Naira checkouts can offer cards through your own Stripe or Verifone account; the cNGN token and the crypto rails cover on-chain settlement.

Stripe

Worldwide. Card processing via your own account.

The Stripe rail →

Verifone (2Checkout)

Worldwide. Card processing via your own account.

The Verifone (2Checkout) rail →

Pegged tokens on U.CASH

cNGN, issued by the Africa Stablecoin Consortium under Nigerian regulation, trades on U.CASH: a 1:1 naira token acceptable at checkout, swappable, and holdable in your own wallet.

cNGN

cNGN (cNGN)

Pegged 1:1 to the nigerian naira. Accept it, swap it, hold it non-custodially.

Overview →

Where it settles

Countries served by the Nigerian Naira rails on U.CASH.

Nigeria

Nigerian Naira: FAQ

Is there a naira stablecoin?
Yes: cNGN, issued under Nigeria's 2025 ISA framework, pegged 1:1 to the naira.
How do I accept naira payments on-chain?
Enable cNGN on your checkout. Buyers pay from any wallet that holds it, and it settles non-custodially to yours.
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NGN, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.

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