Dem say cNGN no come to replace the already failed eNaira but to complement am. Wetin una think about the new stablecoin, una feel say e go thrive wia eNaira fail? Abeg make una share una thoughts.
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This one nah betta idea wey the government don bring oh, maybe this stablecoin when launch it fit get a positive influence on the value of the Naira because people no go like want use stablecoin way no really dey stable. Wetin I mean be say if the Naira value keep dropping as it don the do since the pegging no go get head as people no go want swap their money to stablecoin wey they practically unstable.Source
The effort has been commendable in the government bid to give the Naira a place of recognition in the global economy, from eNaira, now cNGN. I hope say this one go get head by correcting the deficiency of the eNaira way make am look like say it has failed all because people no the use am as it was expected it come seem as if it has failed. There's nothing quite exciting as we having our own currency in binance smart chain as a stablecoin but let the truth be told our inclination to it usage go depend on its utility and stability.
