NGN Coin (NGNC)
Bridging Africa's internet of value with a digital Naira stablecoin
Always redeemable 1:1 for Nigerian Naira
NGNC amount in circulation:
4 033 760 NGNC
NGNC Across Blockchain networks
Last updated on 14th August 2022 (06.02pm GMT+3).
NGNC is transforming global finance
NGNC is part of a global ecosystem that spans traditional and crypto commerce. Created by LINK, a fintech company, NGNC is built to be trusted, widely accepted, and highly liquid digital naira.
IN CIRCULATION TODAY
NUMBER OF HOLDERS
PRICE TRADING VOLUMES FROM JANUARY 2022
ON - CHAIN TRANSACTIONS IN 9MONTHS (STEALTH)
NUMBER OF SUPPORTED
NGNC: Future of Africa's digital
BUILT FOR ADOPTION
By partnering with more wallets, exchanges, platforms, protocols, apps and service providers. There is and would be a wide usage for payments, enabling more frictionless value exchange for people and businesses across the world with Africa.
BUILT FOR GROWTH
Developers can build on NGNC to drive projects that impact businesses and communities around Africa. Using NGNC can help you enable your users and customers to exchange and deliver value more easily.
DECENTRALIZED FINANCE (DEFI) |
CENTRALIZED FINANCE (CEFI) | DIGITAL ASSET TRADING
TRADITIONAL AND CRYPTO-NATIVE BUSINESSES
GLOBAL PAYMENTS AND REMITTANCES
How businesses can access NGNC
The fastest, easiest way for businesses to access and use NGNC is through a free LINK Account and via our leading suite of Payments, Payouts and Accounts APIs. This innovative, digital-native payments and treasury infrastructure can power businesses of all sizes across multiple blockchains, reducing costs and settlement times while expanding reach to millions of new customers.
MORE ABOUT THE LINK B2B ACCOUNT
Enabling digital-native payments & treasury
Experience the power of
NGNC is available on many of the world's leading blockchains, with more chain integrations expected. We’re building a network of possibilities for NGNC.
The NGNC Edge
Convert NGNC to equivalent Nigerian
Naira at any time. LINK offers unparalleled assurance to customers that their NGNC
is backed one-to-one by the Nigerian Naira.
NGNC reserves are held in cash and cash equivalents, meaning that customer funds are always kept safe and available for redemption by regulated banking partners.
Why use a digital naira
Digital money for the digital age
NGN (Naira) Coin (NGNC) represents a major breakthrough in how we use money. Digital Naira works like other digital content — they move at the speed of the internet, can be exchanged in the same way we share content, and are cheaper and more secure than existing payment systems.And more intrestingly it makes the Naira more globally traded connecting Africa to the world.
Trust, transparency and compliance
NGNC is fully backed by cash and equivalents, so that it is always redeemable 1:1 for Nigerian Naira. Each month, we publish attestation reports regarding the reserve balances backing NGNC.
Send money easily and safely
NGNC gives customers the ability to store and send Nigerian Naira with freedom, unrestricted by the limits of traditional banking. Move money instantaneously, anytime, across borders and very importantly swaps to global currencies and back for more FX Liquidity.
Available to anyone
With only a mobile phone, you can create an account with any of our trusted partners and use NGNC to store and send money or access markets. NGNC provides financial access to everyone – even the billion adults in Nigeria and Africa without bank accounts.
on the blockchain
The NGNC infrastructure is managed by LINK.IO LTD UK, a Cross border payments solution provider. NGNC is live on many of the world’s most powerful and innovative blockchains, with additional chain integrations expected. This broad, native availability and the ability to seamlessly swap across the ecosystem means developers who build with NGNC can extend their reach especially across the african continent.
SEE WAYS TO ACCESS NGNC
What is Naira Coin (NGNC)?
NGNC for Naira Coin is a stablecoin pegged 1:1 in value to the Nigerian Naira built for Cross border payments and the future of internet of value for the next billion Africans.
What is a stablecoin?
A stablecoin is a blockchain-powered digital currency that combines the benefits of open, borderless cryptocurrency with the price stability of traditional fiat currencies.
How do I buy NGNC?
NGNC is built on top of the Stellar Network, Polygon and the Solana blockchain, and is currently managed by LINK.IO LTD (United Kingdom). Businesses looking to utilize NGNC in an internet-native way can leverage to complete card payments,transfers and other types of payments that settle a digital or hardware wallet, as opposed to fiat currency in a bank account.
Where can I store NGNC?
NGNC can be stored in wallets like Lobstr for example natively known to Stellar, and then native wallets/dApps built on Solana and Polygon.
How does NGNC work?
NGNC is built on top of the Stellar Network, Polygon and the Solana blockchain, and is currently managed by LINK.IO LTD (United Kingdom). Businesses looking to utilize NGNC in an internet-native way can leverage to complete card payments, transfers and other types of payments that settle a digital or hardware wallet, as opposed to fiat currency in a bank account.
Get started by opening a
free LINK Account.
Access NGNC for payments, trading & DeFi. Earn Yield on your USDC with NGNC.GET STARTEDCONTACT SALES
NGNC smart contract
NGNC is available on the ether polygon
network. Support and integrate the NGNC smart
contract with any Web3 project or decentralized
application. For more info.