Africa's first stablecoin will be built on Binance chain

According to Bitcoinist, Africa's first stablecoin will be built on the Binance chain. It is reported that the stablecoin (ABCD) will anchor the fiat currency of Nigeria. The stablecoin was established by Ghana's cross-border transfer startup Bit Sika and was included in the Binance Lab's incubation project earlier this year.