Nigeria’s central bank sets N15bn floor for dollar-token issuers
Nigeria’s central bank requires Class 2 foreign-currency stablecoin issuers to hold N15 billion in paid-up capital under its virtual-asset regulations.
Nigeria’s central bank requires Class 2 foreign-currency stablecoin issuers to hold N15 billion in paid-up capital under its virtual-asset regulations. Tether (USDT) is trading at ₹94.21 ($0.9995). This is an original Token Times brief based on reporting by Live Bitcoin News, with live market data added, as of Sun, 15 Nov 2026 03:45:01 UTC.
The capital threshold could determine which companies can issue dollar-denominated tokens for Nigerian users and how much capital they must commit before operating in that market.
- Class 2 foreign-currency stablecoin issuers face an N15bn paid-up capital floor.
- USDT and USDC are the dollar tokens highlighted by Live Bitcoin News.
- Crypto market cap stands at $2.23T as the broader market declines.
- Bitcoin fell 5.82% over 24 hours amid a Fear & Greed reading of 13.
- Nigeria Raises Entry Bar for Dollar-Pegged Stablecoin Issuers
- Paraguay Bank Failure Spurs Demand for Dollar-Pegged Stablecoins
- Nigeria’s central bank sets N15bn floor for dollar-token issuers — this brief
Nigeria’s Central Bank has established an N15 billion paid-up capital requirement for Class 2 issuers of foreign-currency stablecoins, according to Live 
Bitcoin News. The requirement appears in the CBN’s Regulations for the Operations of Non-Security Virtual Assets in Nigeria, identified as a November 2026 framework.
The reported rule places a substantial entry condition on firms issuing dollar-denominated tokens, including USDT and 
USDC, for Nigerian users. Live Bitcoin News said such tokens can reach users only through a Nigerian route, although the supplied summary did not provide further details about that channel or the rule’s implementation timetable.
Live Bitcoin News is the sole outlet supplying coverage, so the N15 billion threshold and the regulatory classification have not been independently corroborated in the provided material. Its report also emphasizes restrictions on how dollar tokens may reach Nigerian users, while providing no additional figures on issuer applications, authorized firms or compliance costs.
Live market data shows broad caution across crypto: total market capitalization is $2.23 trillion, Bitcoin is down 5.82% over 24 hours, and the Fear & Greed index stands at 13, labelled Extreme Fear. USDT trades at $0.99939, up 0.03% over 24 hours, while USDC is at $0.999625, up 0.01%; both remain close to one dollar. DeFiLlama reports circulating supplies of $175.34 billion for USDT and $69.24 billion for USDC, compared with live market caps of $175.29 billion and $69.04 billion, respectively. The regulatory entry point and market’s weak tone are the principal developments to monitor as enforcement and market conditions develop.
Since this brief published about 6 hours ago, Tether (USDT) has moved from ₹94.20$0.9994 to ₹94.21$0.9995 — +0.01%.
The chart plots USDT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDT ≈ ₹104.63 (about $0.9995), up 0.0% over 24 hours. The rupee itself trades about 11.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 14, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Nigeria’s central bank sets N15bn floor for dollar-token iss — questions & answers
Who must meet the N15 billion capital requirement?
The requirement applies to Class 2 issuers of foreign-currency stablecoins under the CBN’s virtual-asset regulations.
Which dollar stablecoins were highlighted?
Live Bitcoin News identified USDT and USDC as dollar-denominated tokens that may reach Nigerian users through a Nigerian route.
How are USDT and USDC trading currently?
USDT is at $0.99939 and USDC at $0.999625. Their 24-hour moves are positive by 0.03% and 0.01%, respectively.
How much is 1 Tether worth in rupee today?
About ₹104.63 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9995. The rupee price moves with both USDT's US-dollar price and the USDT/INR rate; use our Tether in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Live Bitcoin News. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.