NGN Plummets 50% Against USDC in 24 Hours on Bybit

The Nigerian Naira (NGN) has seen significant fluctuations against the USDCoin (USDC), a cryptocurrency that can be converted on Bybit. As of August 10, 2026, at 15:29 GMT+8, the exchange rate stands at 1 NGN ≈ 0.00000734 USDC, with a decline of 50% over the last 24 hours.

The current market capitalization of USDC is ₦98.29T NGN, with a circulating supply of 72B USDC and a 24-hour trading volume of ₦7.81T NGN.

Users can convert their NGN to USDC on Bybit using the calculator provided, which offers zero conversion fees and real-time exchange rates. The platform also features proof of reserves and a multilingual support system.