🇳🇬The Central Bank of Nigeria (CBN) cited 2020 Ripple Labs research, which found that 85% of payments leaders from 22 countries expected to launch a CBDC digital currency in the next 4 years.

🌐As of 2022, there are 100 CBDCs in research or development, including Nigeria's eNaira and the Bahamas' sand dollar.

📉However, Nigerians have been slower to adopt eNaira compared to global cryptocurrencies.

💱Amid inflation challenges, Nigeria's young and tech-savvy population is driving rapid cryptocurrency adoption, propelling the country to second place in the Global Crypto Adoption Index by Chainalysis 2023.

🚀Bitcoin prices are skyrocketing to record highs in Nigeria, as well as in the United States and other countries suffering from inflation.

🔗Cryptocurrency based on blockchain technology could be the key to unlocking the full economic potential of Nigeria, Africa's largest economy today.