Nigeria has expressed its readiness to support stablecoin businesses under its evolving digital asset rules. This announcement was made by Securities and Exchange Commission Director-General Emomotimi Agama at the Nigeria Stablecoin Summit. The country aims to create a supportive environment for innovation while ensuring market protection. The SEC has already started onboarding stablecoin-focused firms through its regulatory sandbox, aiming to position Nigeria as a stablecoin hub.