USDC is a digital dollar issued by Circle. People here buy it to hold dollars, to pay for something priced in USDC, or to fund a wallet on Solana, Base or Polygon. On Yesa you buy it with naira and it lands in your Yesa wallet.
Open the Yesa app to see exactly what your naira buys.
Three reasons come up again and again, and they want slightly different things.
USDC aims to stay at one United States dollar, so a naira amount turned into USDC follows the dollar rather than the naira. It is a way to keep savings in dollars without opening a domiciliary account.
Several payroll and freelance platforms settle in USDC rather than USDT, so people who earn in it often buy more of it to pay the other side in the same coin. If you are on the receiving end, paid in USDC on Deel or Rise covers getting it to naira.
USDC lives natively on Solana, Base, Polygon, Arbitrum and Ethereum, so it is often the coin a Phantom or Base wallet asks for.
This page explains how buying works on Yesa. It is not a view on whether to buy any coin, and nothing here is financial advice.
| USDC | USDT | |
|---|---|---|
| Issued by | Circle | Tether |
| What Nigerian markets price in | Less often | Usually, it is the local default |
| Where it is common | Money arriving from abroad: payroll, freelance and US platforms | Local trading and P2P |
| Networks Yesa accepts when you sell it back | Ethereum, Solana, Polygon, BNB Smart Chain, Base and Arbitrum | See supported coins and networks |
| Value | Aims to hold one dollar | Aims to hold one dollar |
If you are paying someone, buy the one they asked for: swapping one into the other later costs a fee and a second transfer. The full comparison, including how each reports its reserves, is at USDC vs USDT in Nigeria.
The same dollar token runs on several blockchains, and the network decides what moving it costs.
USDC on Solana and USDC on Ethereum are the same dollar, but they travel on different roads with different tolls. Ethereum is the most expensive to move on; Solana, Base and Polygon cost very little. When you send USDC anywhere, the network on both ends has to match.
When you sell USDC back to Yesa, it accepts Ethereum (ERC-20), Solana, Polygon, BNB Smart Chain (BEP-20), Base and Arbitrum. It does not take USDC.e, the older bridged version some wallets still hold: swap that to native USDC first. More on each network at USDC to naira by network.
The same four steps for every coin, with the figure on screen before you commit.
Buy sits next to Sell on the home screen. Pick USDC from the list.
The screen shows roughly how much USDC that buys, the rate per coin, and the smallest and largest amount allowed right now.
From your Yesa naira balance, or by bank transfer of the exact total from an account in your own name. Confirm with your password or transaction PIN, whichever your app asks for. Nothing is charged until you transfer, and cancelling costs nothing.
Straight away from a naira balance, a few minutes after a bank transfer. The USDC is then yours to hold, swap, send or sell back.
Your USDC sits in your Yesa wallet. You can hold it, swap it into another coin, send it on, or sell it back for naira at the rate on screen, which is published daily at today's USDC to naira rate. Selling back is sell USDC for naira, with zero sell fees and the naira paid to any Nigerian bank account.
In Yesa, tap Buy, choose USDC and type the naira amount. Pay from your Yesa naira balance or by bank transfer from an account in your name, confirm with your password or transaction PIN, and the USDC arrives in your Yesa wallet.
It aims to be worth one United States dollar and is backed by reserves held by its issuer, Circle. It has briefly slipped below a dollar before, so it is a dollar token, not a bank dollar. This is not financial advice.
Buy the one you will use. If someone has asked to be paid in USDC, or your wallet runs on Solana or Base, USDC saves a swap. If you are trading locally, USDT is what most Nigerian markets price in.
USDC.e is an older bridged version of USDC on some networks. Yesa does not accept it; swap it to native USDC in your wallet before sending.
Ethereum (ERC-20), Solana, Polygon, BNB Smart Chain (BEP-20), Base and Arbitrum. The deposit screen in the app is the final word, and a small test amount the first time is worth the minute it takes.
The calculator at the top of this page gives a rough figure, and the app shows the rate per USDC and the amount before you confirm. On a bank transfer the final amount is fixed when your transfer arrives.
Almost always one of three things: it came from an account in someone else's name, the amount was rounded instead of exact, or the single use account had already stopped accepting transfers. Nothing is charged until you transfer, and cancelling costs nothing.
Yes. Buying, holding and selling cryptocurrency is legal for individuals in Nigeria. Digital assets are recognised under the Investments and Securities Act 2025, and the Securities and Exchange Commission regulates digital asset services. Crypto is not legal tender, and profits from trading may be taxable, so keep your own records of what you buy and sell. This is general information rather than legal or tax advice; the Securities and Exchange Commission and the Central Bank of Nigeria publish the current position.
The Yesa Team. Details checked 3 October 2026. Information about other products comes from their own help pages and documentation; if you spot something out of date, tell us and we will correct it.