IMF warns as Nigeria captures 60% of SSA stablecoin inflows

June 17, 2026

•Flags risks to monetary policy, financial integrity

•As Nigeria ranks 2nd globally, with $59bn crypto inflows

By Emma Ujah & Elizabeth Adegbesan

The International Monetary Fund (IMF) has disclosed that Nigeria accounts for about 60 percent of stablecoin inflows into Sub-Saharan Africa,SSA, while warning that the growing use of dollar-backed digital assets could pose risks to monetary policy and financial stability.