Ledig Technologies

How Stablecoins Are Shaping Global Finance Bitcoin's launch in 2009 might have met with scepticism, but that didn't deter some early adopters from innovating to enhance the technology. One such person who innovated around #Bitcoin is J.R. Willett, who published a white paper describing how to build new #cryptocurrencies on the Bitcoin #blockchain. His idea birthed Mastercoin, which later became the Omni Foundation. Willett's Mastercoin protocol would eventually lay the foundation for #Tether, creating a new class of crypto utility that has proven essential not only for the crypto industry but also for the traditional finance industry. Tether, which began as "Realcoin", has since cemented its dominance in the global Stablecoin industry. In 2024, the company reported net profits in billions of dollars, demonstrating the profitability of the Stablecoin business. Since profitability is an important indicator of the health of any crypto project; the company has done very well for itself, despite facing many #FUD in the past. It's now 2025, and despite regulatory challenges like the Markets in Crypto-Assets (#MiCA) regulation in the European Union, Tether still maintains an impressive market share, with its #USDT Stablecoin controlling over 75% of the Stablecoin market. This success is largely due to its proactive measures in addressing regulatory issues, positioning the company for another remarkable trading year. Other Stablecoins like #USDC, #DAI, #PYUSD and #RLUSD have also driven impressive numbers. Stablecoin's stellar performance has not gone unnoticed by traditional financial institutions. Financial giants like #PayPal, #Visa, and #Stripe have heavily invested in the sector, recognising its potential in changing how we exchange value. There is mounting speculation that some traditional financial institutions may soon get regulatory approvals to launch their own Stablecoins, aiming to provide faster, more efficient payment solutions and maintain their competitiveness in a fast-changing space. At #Ledig, we understand the significance of these developments. We are firmly positioned within the African financial market, leveraging Stablecoins to address your foreign exchange needs. Whether the needs, Ledig will meet them, including giving you access to the scarcest currencies in the African market and meeting all your liquidity demands. Send us a message today. https://lnkd.in/df3jKpTQ #Blockchain #BTC #Africa

What does the #IRS suspension of new Crypto tax rules mean for Crypto enthusiasts? The crypto industry recorded many positive developments last year. The positivity appears to have spilled into 2025, as a US agency is in the news for a major decision. Remember the new crypto tax reporting rules the US Internal Revenue Service (IRS) introduced last year. The rules, which were criticised as too strict and initially set to become fully active in the first half of this year, would have imposed a FIFO(First in, First out) accounting method for crypto transactions—a method many see as unfavourable, as it means higher taxes. Fortunately, the IRS has now postponed the implementation of these rules until at least December 2025. The delay will give centralised exchanges additional time to adapt to these rules, assuming the new Trump administration does not overturn it. A scenario many see as likely, considering his pro-crypto stance. The postponement enables continued support for various accounting methods, including the Highest In, First Out (HIFO) system, which is widely favoured in the #crypto industry. Overall, the year promises to be eventful for the crypto industry, and we are positioned to leverage this opportunity. As the year begins, we will continue leveraging Blockchain and #stablecoins to address your foreign exchange needs in the African region. Whatever the need, Ledig will always offer exceptional services that meet your liquidity needs. We're a DM away. #Crypto #Ledig #Tether #Blockchain

Did Stablecoins grow in 2024? 2024 might have ended, but not without recording some remarkable developments in the crypto industry, particularly #Stablecoins, which continues to reshape global finance. Let's examine some of them. To begin, PayPal launched #PYUSD, its flagship Stablecoin, enabling seamless cross-border settlements. The launch accelerated mainstream adoption, with PayPal bringing millions of users into the Stablecoin ecosystem... Talk about blockchain adoption. In Africa, Nigeria’s eNaira pilot program expanded to integrate the cNGN Stablecoin. While the eNaira itself faced challenges after its launch in 2021, the cNGN aimed to achieve greater success. In the Americas, #Circle, the U.S.-based payment giant, launched its Cross-Chain Transfer Protocol (CCTP) on #Solana, enabling interoperability across different blockchain ecosystems. In #Europe, the much-anticipated Markets in Crypto-Assets (MiCA) regulation for the #Euro region fully came into effect in December 2024. The framework established clear rules for Stablecoin issuance and operations, creating a safer and more predictable environment for the industry. These events and more demonstrated that Stablecoins will continue playing an essential role as the world moves away from traditional remittance means to more efficient ones. One company already keying into this movement is Ledig. We offer businesses unique access to the scarcest liquidity in the African finance space. Our knowledge of the market is unparalleled, and our delivery is top-notch. Send us a message today. https://lnkd.in/df3jKpTQ #Ledig #Stablecoin #Tether #Blockchain #BTC #Bitcoin

Globalization and the African Remittance Industry Have you noticed the increasing interdependence between people across diverse political, economic, and cultural backgrounds often driven by companies expanding to other regions? That's #globalisation, and It has changed the way the world conducts business and exchanges value. As corporations expand into Africa’s booming market to tap into its growing economy, the demand for seamless and efficient cross-border payments is on the rise. However, existing financial systems often fail to keep up with the speed and accessibility required to do business on the continent. Why is that so? High fees, lengthy processing times, volume restrictions, and limited financial access, among others, have long hindered efficient corporate cross-border remittances in the region. Want to know that game-changing technology solving these challenges? Stablecoins. At the forefront of leveraging this tech in the African financial market is Ledig Technologies. Ledig uses stablecoins to facilitate international #remittances with unmatched speed, cost-efficiency, and accessibility. We enable corporations to overcome long-standing financial barriers in Africa. Our service offerings open new doors for inclusivity, providing solutions to businesses often struggling with accessing efficient #financialservices. As globalization continues to evolve, #Ledig remains committed to bridging the gap between economies, fostering financial inclusion, and driving sustainable growth across the African market. Contact us today https://lnkd.in/df3jKpTQ #Tether #stablecoin #Africa #finance #Blockchain

It’s been an eventful year for us at Ledig, and as the year draws to a close, we take this moment to appreciate your trust and support. This Christmas, we celebrate the connections, successes, and milestones we’ve achieved together, and look forward to doing more in the new year. The entire Ledig Technologies team wishes you a merry Christmas celebration. #LedigTechnologies #Christmas2024 #Stablecoin

Let's solve you have Liquidity problems. The African blockchain industry is growing. The growth, largely driven by the increasing demand of its young and dynamic population, has created numerous economic opportunities for the continent. Many centralised exchanges have stepped in to meet this demand through digital asset exchanges, making digital assets increasingly popular across the continent.  Nigeria, a country located in West Africa, is Africa's largest blockchain market. According to a Chainalysis report, Nigeria is second globally on the Cryptocurrency Adoption Index, with approximately $59 billion in value received between July 2023 and June 2024.  Recent regulatory developments by Nigeria's SEC have also set the country on a long-anticipated path towards inclusive crypto regulation. The progress is expected to unlock even greater opportunities for businesses and individuals within the country.  Although many exchanges have struggled with liquidity shortages for years, now is an excellent time for both local and international exchanges to establish and strengthen their presence in the Nigerian market. Great, right? Want to hear something better? Liquidity challenges are now non-existent with Ledig Technologies; your trusted liquidity partner. We provide liquidity solutions for both foreign and local exchanges, offering various currencies including the scarcest across the region. Whether you plan to establish a presence in the Nigerian market or expand into other African regions, Ledig Technologies will provide the liquidity to bring your vision to life. Contact us today, and we'll give your digital assets exchange a foothold in the African digital assets industry. https://lnkd.in/df3jKpTQ #ledig #Blockchain #Tether #Stablecoin #remittance

The African Financial System and Trade Facilitation The African financial industry is still growing, but in many cases severely underdeveloped, largely due to inadequate critical infrastructure and scarce liquidity. Meanwhile, the world is a global village, and no country operates in isolation. Efficient financial systems are needed to facilitate trade. Trade and commercial activities are essential for exchanging critical goods and services that drive economic growth. According to a Tradeimex report, the region's exports stood at $614.58 billion in 2023, while imports were $699.36 billion in the same year, resulting in a trade deficit of $84.78 billion. Can Africa export more? Yes. Can existing Importers facilitate trade with more efficient methods? Big Yes! However, traders facilitating businesses here understand the significant challenges common with this region. Although these difficulties have persisted, Ledig Technologies is now solving them with blockchain technology. At Ledig, we do not just use blockchain to redefine import/export trade; we embody it. We source foreign exchange for importers and exporters in the African market, especially where FX is difficult to access due to scarce liquidity. We facilitate transactions for traders and ensure smooth business execution, even in jurisdictions with the scarcest FX through long-standing partnerships and in-depth market knowledge. Have FX exposure to Africa? Talk to us to meet your needs. #Ledig #Tether #Stablecoin #Africa

Ledig, Remittances and the African Economy Remittance, a term popular among foreign workers, refers to sending money back home or to another region. As the world becomes increasingly interconnected, emigration has become a pathway to economic and social security for many, including Africans. As people emigrate from Africa to other regions, they often start sending money back home to support family, friends, and relatives. The World Bank reports that in 2023, remittance inflows into Africa reached an estimated USD 90.2 billion, contributing 5.2% of Africa's total GDP. These remittances not only support individuals but also drive growth in small and medium-scale businesses, as recipients spend the funds to meet various needs. However, challenges persist. High volatility, rising costs, and insufficient expertise often hinder seamless remittance transfers between other jurisdictions and Africa. At LEDIG, we solve these problems. We are deeply rooted in the African financial system and understand the African remittance market and the complexities of facilitating transactions across borders. We have helped numerous remittance companies enter and succeed in this market and have built a vast network of partners you can leverage to secure your share. Connect with us today—we’re one contact form away from exploring exciting partnership opportunities https://lnkd.in/df3jKpTQ

Ripple's RLUSD Stablecoin Set to Go Live Ripple has announced the official launch of its U.S. dollar stablecoin, RLUSD, set to go live on December 17, following approval from the New York Department of Financial Services. The stablecoin will be backed by U.S. dollar deposits, government bonds, and cash equivalents. RLUSD will aim to maintain a steady $1 price, as other stablecoins do. Ripple's CTO, however, warned about potential volatility in the first hours or days of trading. In his words, "...don't FOMO into a stablecoin. This is not an opportunity to get rich." After recording hard-fought victories in its battles with government regulatory bodies, Ripple is poised for its next phase of growth. What do you think?

Total Stablecoin Market Surpasses $200 Billion Valuation  The global stablecoin market has surpassed $200 billion in value for the first time, primarily driven by rising demand and adoption among traditional finance enthusiasts. Tether’s USDT and Circle’s USDC control the market; with a combined market share of over 90%. Stablecoins, which are primarily pegged to currencies like the U.S. dollar, remain essential for crypto trading and blockchain-based payments. They are also increasingly adopted for remittances and savings in regions with unstable currencies.  Stablecoins will continue to grow, and the $200 billion milestone shows its importance in reshaping present financial systems and solidifying its influence across global industries.