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Home African

Prosperavest ESG LTD Launches ‘eNsc,’ a Naira-Pegged Stablecoin on 2.0 Blockchain

Mololuwa Adedeji by Mololuwa Adedeji
March 3, 2025
in African, Cryptocurrency
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Prosperavest ESG LTD announced the launch of eNsc, a stablecoin that is 1:1 correlated with the Nigerian Naira. Global investors may safely access tokenized high-yield opportunities, such as Nigerian Treasury Bills, while complying with regulatory regulations thanks to eNsc, which is based on the fast Lisk 2.0 blockchain and blends monetary stability with blockchain innovation.

Blockchain efficiency and monetary stability are combined by eNsc, which operates under Nigeria’s strict regulatory framework under the direction of the Securities and Exchange Commission (SEC) Nigeria. For example, the SEC’s Virtual Assets Regulatory Framework demonstrates its commitment to establishing a transparent and safe environment for blockchain innovation. These rules guarantee investor protection, market integrity, and conformity to international standards—all of which are fundamental to Prosperavest ESG’s business practices.

Important aspects of eNsc include

 1:1 Naira Peg: Supported by reserves kept in institutions under regulation, eNsc guarantees stability and direct exchange with the Nigerian Naira.

 Lisk 2.0 Blockchain: Easy integration into digital ecosystems is ensured by quick transactions, minimal costs, and compatibility with decentralized apps (dApps).

Guarantee of Compliance: established with strong AML procedures, open reserve audits, and compliance with SEC (Nigerian Securities and Exchange Commission) rules.

Early adopters of this ground-breaking stablecoin will be rewarded with exclusive cashback rewards for a limited period of time when users convert at least $50 using the eNsc Converter at app.prosperavest.com.

Geographical and financial restrictions are eliminated by eNsc’s tokenization of Nigerian Treasury Bills, allowing for fractional ownership and immediate cross-border settlements. Nigeria is becoming more prominent in Africa’s digital economy, and this innovation gives investors access to reliable, yield-producing assets.

Through the implementation of strong frameworks like the Virtual Assets Regulatory Framework, the SEC has played a key role in promoting a safe, open, and innovative regulatory environment for blockchain and virtual assets. Prosperavest ESG is excited to uphold its proactive strategy, which guarantees investor safety, market integrity, and alignment with worldwide best practices.

According to ProsperaVest ESG Ltd., eNsc seeks to give investors a safe and effective means of obtaining financial products previously unattainable. “By utilizing blockchain technology, we hope to improve financial inclusion while adhering strictly to regulations,” stated Raheem Anikulapo Ibrahim, CEO of ProsperaVest ESG Ltd. This is a step in the direction of modernizing access to investment opportunities, in our opinion.

According to the business, the stablecoin includes compliance measures, including open reserve audits and anti-money laundering (AML) procedures, and it is supported by reserves kept in recognized financial institutions.

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Tags: blockchaineNscProsperavest ESGStablecoin
Mololuwa Adedeji

Mololuwa Adedeji

Mololuwa likes to think of herself as a curious mind who is always drawn to deep conversations. A true sapio, that finds joy in good books, good food, and psychological thrillers. She likes to think of herself as a happy person who finds meaning in every moment.

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