Send money to Nigeria
Nigeria has one of the world's most active stablecoin communities, and dollar-pegged tokens are how much of its cross-border value already moves. You convert rand to USDT at the live rate and send it to your recipient's wallet — they receive digital dollars they can hold, trade or convert to naira through the local market.
Transfer-rail rate — USDT to ZAR
R 16.32
24h ▼ 0.04% · as of 16 September 2026 at 15:37 SAST. Refreshes roughly every minute.
How fast is it?
Transfers between 80eight wallets arrive instantly. Sends to an external wallet typically confirm on-chain within minutes. Converting to naira happens on your recipient's side, through the local services they choose.
How to send money to Nigeria
1. Open an 80eight account
Sign up at app.80eight.io and complete verification. 80eight is a licensed South African financial services provider (FSP 49010).
2. Deposit rand
Fund your wallet with a local EFT from your South African bank account using your unique deposit reference.
3. Convert to digital dollars
Convert ZAR to a dollar-pegged stablecoin (USDT or USDC) at the live rate — you see the exact rate before you confirm.
4. Send to your recipient
Send instantly to another 80eight wallet with 88Pay — a PayID, email or phone number — or to any external wallet address your recipient controls.
5. Recipient uses the money
Your recipient can hold digital dollars, send them on, or convert them locally through the options available where they are.
How the options compare
| Method | Typical speed | Typical cost |
|---|---|---|
| Traditional bank transfer (SWIFT) | Typically 2–5 business days | Fixed fees plus an FX margin — commonly hundreds of rand all-in on smaller amounts (estimate) |
| Cash remittance counter | Minutes to hours | Often 5–10% all-in on small transfers (estimate) |
| Digital dollars via 80eight | Instant between 80eight wallets; typically minutes on-chain | Live conversion rate and any fees shown in the app before you confirm |
Illustrative ranges only, not live quotes. Bank and remittance pricing varies by provider, amount and day — always check a provider's current fee schedule before comparing. The 80eight row describes how our rail behaves; your exact rate is shown in the app before you confirm.
Frequently asked questions
Why use stablecoins for South Africa to Nigeria transfers?
Direct bank rails between the two countries are slow and costly, while Nigeria's stablecoin market is deep and liquid. Digital dollars arrive in minutes and your recipient converts to naira on their side at local market rates.
Does my recipient get naira?
They receive dollar-pegged stablecoins. Converting to naira is done on their side through local exchanges or services they trust — 80eight does not set or guarantee the local NGN conversion rate.
What does my recipient need?
An 80eight wallet (instant, via 88Pay) or any wallet address they control.
What does it cost?
You convert at the live USDT to ZAR rate with any fees shown in the app before you confirm. There are no hidden margins added after that.
Is this regulated?
80eight is a licensed South African financial services provider (FSP 49010) and an accountable institution under FICA.
Related pages
Send your first transfer
Open an account in minutes — every rate is shown before you confirm. Licensed FSP 49010.
Open the app