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A stable Naira
for a volatile market.

SNR is a stablecoin that is equal to the value of the Naira, which means every 1 SNR equals 1 Naira — with SNR in your wallet, you can unlock new ways to send, pay and earn more money in the digital economy.

Download SNR WalletRead the docs
Live on 10 networks including Ethereum, Solana, Base and TON
Why StableNaira

What makes us the most stable Naira for a volatile market?

Three things decide whether a stablecoin is worth holding: where the reserves sit, who can audit them, and how you move the token. SNR is designed against all three.

Backed 1:1, audited monthly

Every SNR you see on the blockchain is held in a segregated trust at CBN-licensed Tier-1 banks.

Reconciled daily, attested monthly by an ICAN-accredited auditor.

This makes it easy to recover every unit in circulation.

Regulator-first by design

We built SNR against the SEC ARIP checklist and ISA 2025 from day one.

Pause, freeze, seize and a hard mint cap live directly in the contract.

These are primitives banks and regulators already recognise — so we play by the same rules they do.

Cross-chain that doesn't lie

With SNR, you don't have to worry about what blockchain.

You can easily move SNR across all 10 blockchains we support — without paying for gas fees.

No wrapped tokens, no bridge contracts. Your 1 SNR remains 1 SNR as you move across networks.

Industry-leading transparency

Stable on chain,
stable off chain.

Reserves are reconciled daily and attested monthly by an ICAN-accredited auditor. Each attestation's hash is anchored on-chain.

SNR in circulation
₦42.6M
as of May 20, 2026
NGN in reserve
₦42.6M
Last attestation: May 1, 2026
Coverage
100%
totalSupply is always equal to attested NGN reserves.
Segregated trust · Tier-1 banksICAN-accredited auditorOn-chain hash anchorVerified on Etherscan + SourcifyCCTP burn-and-mint
View transparency report
Built for builders

A single SDK.
Every chain. Type-safe.

Faucets that actually work. Verified contracts you can read. Brand assets you can ship. Plug SNR into your wallet, dApp or fintech in an afternoon.

EthereumBaseBNB ChainSolana · soon
Install the SDKView on GitHub
~/redeem.ts
import { createStableNairaClient } from "@stablenaira/sdk";

const snr = createStableNairaClient({
  apiKey: process.env.SNR_API_KEY!,
  baseUrl: "https://api.stablenaira.com/v1",
});

// initiate a redemption
const tx = await snr.transactions.redeem({
  amountKobo: 100_000,
  recipientId: "rec_…",
  idempotencyKey: crypto.randomUUID(),
});
Ship today

Get started with SNR.

Partner with StableNaira

Wallets, exchanges, payroll and remittance teams: add the canonical addresses, point users to redemption, ship Naira-native rails.

Talk to the team

Build with StableNaira

A typed SDK, verified contracts, and a faucet that works. Read the docs, hit the faucet, and ship your first integration in an afternoon.

Start building
Honest answers

The questions we keep getting.

Is StableNaira a CBDC? +
No. SNR is a private, fiat-backed stablecoin issued on public blockchains. Each unit is backed 1:1 by Naira held in a segregated trust at CBN-licensed banks. The eNaira is Nigeria's CBDC — a central-bank liability on a permissioned chain. SNR and eNaira are different products with different trust models.
How are the reserves audited? +
Reserves are reconciled daily against on-chain supply and attested monthly by an ICAN-accredited auditor. Each attestation's hash is anchored on-chain so anyone can verify it independently. From year two, an additional quarterly assurance from a Big-Four firm is published.
How does redemption work? +
Burn your SNR on any supported chain and the corresponding Naira is paid out to your bank account, reconciled against the same off-chain reference used at mint. Redemptions clear in minutes during banking hours, longer outside.
How is SNR different from cNGN? +
Both are Naira-denominated stablecoins. SNR is designed around the SEC ARIP pathway and ISA 2025 from the first commit, with native cross-chain via burn-and-mint and a single canonical token per chain. We don't comment on other issuers' compliance posture — read both whitepapers and decide for yourself.
Why decimals = 2 instead of 18? +
Because Naira is decimalised to 100 kobo, not 10^18. Two decimals matches the Naira's accounting reality and removes a whole class of off-by-N display bugs in wallets and merchants. The contract still uses uint, so amounts are stored as integer kobo on-chain.
Is there a token sale or yield? +
No public sale. No yield. SNR is a payments asset, not an investment product — every unit is fully reserved 1:1 in Naira at a regulated bank. Nothing on this site constitutes investment, legal, or tax advice.