I get optimistic about the future when I think about technologies like Hyperbridge and all the stablecoin infrastructure being built right now.
If we pair these rails with clear regulation, they can make cross-border payments cheaper and improve liquidity.
They can also unlock more NGN-denominated financial instruments. Over the coming years, this could translate into real demand for the naira.
These new tax laws are only going to succeed at rapidly accelerating stablecoin adoption and the complete dollarization of the nigerian economy.
I tried to warn everyone.