S.O.L.O.M.O.N

🇳🇬 Crypto educator | Web3 for Africa 🌍No P2P. No custody risk. Just Naira.Tweeting about @Openwallet_com & DeFi daily#Bitcoin #Solana #NigeriaCrypto

[S.O.L.O.M.O.N @simplifycryptoo]

@PoojaMedia Cryyyyyyyyyy

[Abhinav Kumar @singhabhinav]

Nigeria is ranked #1 in global USDT and USDC ownership.

Not the US. Not the UK. Not Singapore.

Nigeria.

59% of Nigerian crypto users hold USDT. 48% hold USDC. More than any other country surveyed. India is third. Brazil close behind.

The reason is obvious once you see it: in countries where local currency loses 20–40% of value annually, stablecoins aren't a crypto product. They're a savings account. A dollar-denominated store of value that doesn't require a US bank account.

Here's what the data doesn't show: most of those stablecoin holders can't use their USDT to buy anything.

No merchant acceptance. No subscription billing. No automatic payment. No way to pay a supplier. They hold the dollars. They can't spend the dollars. They convert back to fiat every time they need to transact.

The gap between stablecoin adoption and stablecoin utility is most visible not in San Francisco or Singapore. It's in Lagos, Jakarta, São Paulo.

$308B in circulation. The people who need stablecoin commerce most have the fewest tools to access it.

That's not a distribution problem. That's an infrastructure problem. The rails exist everywhere. The billing layer doesn't exist anywhere.

That's who we're building for.

[S.O.L.O.M.O.N @simplifycryptoo]

16/
If you found this helpful, follow for more “wahala-free” crypto knowledge.

Don’t learn the hard way.
#crypto #p2p #openwallet

[S.O.L.O.M.O.N @simplifycryptoo]

The truth about P2P scams in Nigeria 🇳🇬 — Chargeback fraud explained step by step
If you trade crypto P2P in Nigeria, this thread could save you from losing your money. 🧵

[S.O.L.O.M.O.N @simplifycryptoo]

15/
Final truth:

P2P is powerful, but YOU are the security system.

No platform can fully protect you from bad decisions.

Stay sharp.

[S.O.L.O.M.O.N @simplifycryptoo]

Just off-ramped USDT to my Naira account in 97 seconds. No P2P. No stress. This is what we deserved.
Just download Open Wallet on your AppStore or playstore.
Easy to set up, no need for scary seed phrases you don’t want to lose.
Don’t take my word for it, go check it out!