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Nigeria Tops Global USDT Ownership as MEXC Highlights Crypto Growth Opportunity

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MEXC

Nigeria ranks #1 globally in USDT ownership, according to a 2026 report, as MEXC highlights earning, trading, and yield opportunities for users

Nigeria has emerged as the global leader in USDT ownership, according to the 2026 Stablecoin Utility Report by BVNK.

Also read: Chioma Mang and Michelle Nwoga Lead UBA to Prestigious Festival Awards Win

The report shows that 59% of Nigerian crypto users hold USDT, placing the country ahead of other markets worldwide.

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The development reflects the growing adoption of digital assets in Nigeria, where many users rely on stablecoins for value storage, transactions, and financial flexibility.

Against this backdrop, global crypto exchange MEXC has highlighted opportunities for users to earn and trade using USDT through its ecosystem of financial products.

The platform’s MEXC Earn service allows users to deposit USDT into flexible or fixed savings products, generating yield while maintaining access to funds.

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MEXC also offers trading options across digital assets and commodities such as gold and silver futures, alongside leveraged trading tools designed for active market participation.

According to the platform, increased participation in its Earn products has coincided with growing trading activity, suggesting a link between yield generation and active investment behaviour among users.

MEXC stated that its ecosystem is designed to allow users to both earn passive income and engage in active trading without moving assets between platforms.

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Founded in 2018, MEXC operates in over 170 countries and serves more than 40 million users globally, offering access to a wide range of crypto assets and trading features.

Also read: Chioma Mang and Michelle Nwoga Lead UBA to Prestigious Festival Awards Win

The rise in USDT ownership in Nigeria highlights the country’s growing influence in the global digital finance landscape as adoption of stablecoins continues to expand.

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Adeboye Ordered Refund of Billions in Illicit Donations, EFCC Reveals

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The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, ordered the refund of billions of naira donated towards a church project after the funds were traced to proceeds of financial crime, the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed.

Olukoyede said Adeboye directed the immediate return of the money within 24 hours after the church was informed of the findings of the commission’s investigation.

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The EFCC chairman made the disclosure while addressing RCCG workers in the early hours of Saturday, November 7, during a meeting organised ahead of the church’s annual Holy Ghost Congress.

According to Church Times Nigeria, which reported the development, Adeboye had invited Olukoyede to speak to the workers on financial propriety, accountability and the importance of maintaining transparent financial records.

Recounting the incident, Olukoyede said a church member had donated billions of naira towards an RCCG project, but investigations by the commission later established that the money originated from financial crime.

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He said the church was alerted to the findings, following which Adeboye ordered that the donation be returned.

Olukoyede commended the cleric for responding promptly and directing the refund within 24 hours of receiving the information.

However, the EFCC chairman did not disclose the identity of the donor, the exact amount involved or the particular church project for which the donation was made.

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The anti-graft agency chief expressed concern over cases involving religious leaders and financial misconduct, including questionable transactions and allegations relating to contracts for church projects.

He warned church workers and religious leaders against accepting donations from individuals whose sources of wealth had not been properly established.

Olukoyede, who is also an ordained pastor, stressed that religious institutions must not become channels through which proceeds of crime are concealed or given legitimacy.

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He also recounted a separate case involving another church allegedly connected to a Ponzi scheme.

According to him, the church leader initially resisted the EFCC’s intervention but later refunded a substantial amount after the commission threatened to institute legal proceedings.

The EFCC chairman said the commission would not spare individuals involved in financial crimes because of their religious positions or affiliations.

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He further cautioned RCCG workers against excessive materialism, unhealthy competition and struggles for leadership positions, warning that such tendencies could encourage financial misconduct.

Olukoyede also raised concerns about reports of individuals allegedly offering bribes to secure leadership positions within the church.

He urged pastors to exercise due diligence before accepting donations, insisting that they should establish how contributors made their money rather than focus solely on the size of their financial commitments.

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In his response, Adeboye reportedly assured the EFCC chairman that the church would not protect anyone found involved in financial wrongdoing.

The cleric also urged RCCG pastors to maintain accurate financial records and ensure that their activities were free from corruption.

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