: The Central Bank of Nigeria referenced a 2020 Ripple Labs study, indicating 85% of payment leaders from 22 nations anticipate a CBDC launch in their countries within the next four years.: By 2022, 100 CBDCs were in progress, with Nigeria’s eNaira and the Bahamian sand dollar as notable launches. However, Nigerians have been slower to embrace the eNaira compared to global cryptocurrencies.
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