We’re proud to count many great Nigerian companies as our partners and we understand the challenges following the recent CBN announcement.
We’ve spoken to leaders in the community about how we may best help reduce the impact of lost access to NGN payments.
Many have said stablecoins such as NGNT, PAX, USDC, USDT, and DAI may act as a shock absorber.
Many have also said stablecoins would work best with more affordable mining fees and faster confirmation times than those currently experienced on the Ethereum network.
To help the community, we’ve decided to provide Nigerian businesses free access to four blockchains where the most popular stablecoins are exchanged:
- Binance Smart Chain: BSC & all BEP20 tokens
- Binance Chain: BNB & all BEP20 tokens
- Tron: TRX & all TRC10/20 tokens
- Ethereum: ETH & all ERC20 tokens
With this diversity of options, we aim to assist innovative solutions such as NGNT on the BSC blockchains and others make a big difference.
We started THRESH0LD because we care about our customers.
This is true today, more than ever.
Is there anything else we can do to help?
Do let us know, please.