Startups attending the event will have the opportunity to receive up to $10,000 in cash and other prizes.
Nigeria is set to host the continent’s first-ever Stablecoin Summit on Thursday, July 24, 2025, at the Lagos Oriental Hotel in Victoria Island. Organised by the Africa Stablecoin Network, the event will bring together policymakers, issuers, exchanges, regulators, developers, fintech innovators, and ecosystem enablers to discuss frameworks that reflect current digital finance realities.
Outstanding startups will take part in a pitch competition with grants totaling $10,000 and additional awards. Undergraduates interested in tech and digital finance are also invited to enter an essay contest, with prizes for the top three entries.
President of the Africa Stablecoin Network and summit convener Nathaniel Luz emphasised the need for collaboration across stakeholders, stating, “The industry needs interoperable payment systems and reliable on‑ and off‑ramps that connect everyday commerce with stablecoins.” He added, “While stablecoins are a luxury for the West, they are an economic lifeline for Africa.”
The summit, themed “Enhancing Adoption for a Borderless Digital Economy,” aims to strengthen cross-border payments infrastructure in Nigeria and across the continent.