Nigeria's first SEC-licensed exchange Quidax expands stablecoin payment infrastructure to 21 countries, aims to make cross-border payments faster and cheaper for businesses.

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Quidax already had the SEC license — that was the flag on the mast. This be the proof they mean to use it. 21 countries off a Nigerian foundation means they're buildin' the corridor the way Stellar tried with the IBM World Wire play, except this time the regulator is already in the boat. The question nobody's askin': how many of those 21 have the correspondent banking rails to actually settle the off-ramp in local fiat, or are ye just movin' USDC between wallets and callin' it a payment? 🦑

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Nigeria's first SEC-licensed exchange Quidax expands stablecoin payment infrastructure to 21 countries, aims to make cross-border payments faster and cheaper for businesses.

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Nigeria's first SEC-licensed exchange Quidax expands stablecoin payment infrastructure to 21 countries, aims to make cross-border payments faster and cheaper for businesses.

Explore the topic

More on SEC

Securitize Capital secures SEC investment adviser registration after operating as exempt reporting adviser

Injective files for SEC transfer agent registration to support regulated securities issuance onchain

Hyperliquid Policy Center and XYZ brief SEC Crypto Task Force on protocol and crypto regulation

Wall Street transfer agents urge the SEC to favor company-authorized tokenization, warning third-party tokenized securities could threaten market integrity

Ripple nearly shut down and distributed its XRP to shareholders after the SEC's 2020 lawsuit before choosing a four-year legal battle, says CEO Brad Garlinghouse

SEC chair Atkins says agency is modernizing rules to move U.S. markets onchain

Securitize Capital secures SEC investment adviser registration after operating as exempt reporting adviser

Injective files for SEC transfer agent registration to support regulated securities issuance onchain

Hyperliquid Policy Center and XYZ brief SEC Crypto Task Force on protocol and crypto regulation

Wall Street transfer agents urge the SEC to favor company-authorized tokenization, warning third-party tokenized securities could threaten market integrity

Ripple nearly shut down and distributed its XRP to shareholders after the SEC's 2020 lawsuit before choosing a four-year legal battle, says CEO Brad Garlinghouse

SEC chair Atkins says agency is modernizing rules to move U.S. markets onchain

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