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Axel Schimmelpfennig on Muck Rack

Axel Schimmelpfennig

Pretoria
As seen in: AllAfrica, MENAFN, Business Day, Proshare, New Dawn Nigeria
Senior Resident Representative of the IMF in South Africa. RTs are not endorsements
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Articles

Stablecoins in Nigeria: A growing cross-border channel

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By Axel Schimmelpfennig
| govbusinessjournal.com
stablecoins-Moving money across borders in a new way: via smartphones, digital wallets, and U.S. dollar–pegged crypto assets known as stablecoins/ (Credit: Andrew Caballero-Reynolds/IMF Photo) By Axel Schimmelpfennig TUE JUNE 16 2026-theGBJournal|Nigerian households and small firms are moving money across borders in a new way: via smartphones, digital wallets, and U.S. dollar–pegged crypto assets known as stablecoins.
Open in Who Shared View Duplicates (9) Issue with article?

IMF highlights rise of Stablecoin use in Nigeria, warns of policy risks

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By Axel Schimmelpfennig, Bo Zhao
| New Dawn Nigeria
Home Analysis IMF highlights rise of Stablecoin use in Nigeria, warns of policy risks IMF highlights rise of Stablecoin use in Nigeria, warns of policy risks IMF The International Monetary Fund (IMF) has highlighted the rapid growth of stablecoin usage in Nigeria as a new channel for cross-border payments. The IMF said digital assets linked to the US dollar were easing payment challenges but creating fresh regulatory concerns.
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IMF: How Nigeria Can Unleash Its Economic Potential

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By Axel Schimmelpfennig, Christian Ebeke
| Proshare
According to the International Monetary Fund (IMF), Nigeria can unlock its economic potential by increasing government revenues, establishing a stronger budget framework, and expanding its cash transfer programme to better support vulnerable households. In their latest economic assessment, Axel Schimmelpfennig and Christian Ebeke noted that while Nigeria has implemented tough reforms over the past two years to address structural challenges, poverty and food insecurity remain widespread.
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