🇺🇸USD to 🇳🇬NGN
Nigeria is one of the largest remittance markets on earth and one of the worst served: parallel-market gaps and FX scarcity have historically made the official rate unreachable for ordinary senders. On-chain naira settles against a rate the sender can actually see.
Indicative figures from trailing 30-day flow. Not a guarantee of returns. See full disclaimer below.
How a USD → NGN payment moves through Sera.
Sender funds in USDC or USDT; the book matches against cNGN, Nigeria's regulated naira stablecoin; cNGN redeems into naira and pays out over NIP to any Nigerian bank account.
Real-time on both sides.
Sera plugs into the local instant-payment networks on both ends so the flow stays settled in seconds, not days.
- Real-timeFedNow24/7/365
- Same-dayACHSame-day & next-day
- WireFedwire
- Real-timeNIPNIBSS Instant Payment
- Real-timeNQRNational QR standard
- Diaspora remittance
- Freelancer and creator payout
- Import settlement
- African payment platforms
- Global payout providers
You earn the FX spread on every USD/NGN swap.
Deposit USDC or CNGN (or any major stablecoin, Virtual Liquidity does the conversion) and you start collecting 12 bps fees on routed volume in proportion to your share of the pool. 80% of the swap fee accrues to LPs; 15% to protocol; 5% to safety reserve.
Deploy Liquidity → USD/NGNNaira pricing can move sharply and liquidity is thinner than the major pairs, so spreads are wider by design. LPs should size positions with that volatility in mind.
Indicative APY shown is illustrative only and based on trailing 30-day flow. Yields are not guaranteed and may be lower or zero. Liquidity provision involves risk including loss of principal, smart-contract risk, oracle risk, and adverse FX movement. Not investment advice.