USDC to Naira, at the real market rate
Send USDC to anyone in Nigeria using just their email or social handle. They claim it straight to their bank account in naira, at the real market rate, not the official bank rate.
At the bank
₦136,056Via Loofta
₦138,523+2%Send USDC to Nigeria now→
| USDC | At the bank | Via Loofta |
|---|---|---|
| 10 | ₦13,606 | ₦13,852 |
| 50 | ₦68,028 | ₦69,262 |
| 100 | ₦136,056 | ₦138,523 |
| 250 | ₦340,140 | ₦346,308 |
| 500 | ₦680,281 | ₦692,615 |
| 1000 | ₦1,360,561 | ₦1,385,230 |
How it works
Send USDC to any email or handle
No wallet address needed on your end either, just who you're sending to, their email, X handle, or Telegram.
They open a private claim link
It's waiting for them the moment you send it, whether or not they've used crypto before.
They claim straight to naira
They choose to claim in naira and it's paid out directly to their linked Nigerian bank account, no crypto wallet required.
Frequently asked questions
What is the USDC to naira rate today?
It moves with the market, so check the live calculator above for the current number. Loofta shows you the actual rate you'll get before you send, not an estimate, so what you see is what lands in the recipient's bank account.
Why is the USDC rate different from the official bank rate?
Nigerian banks quote an official reference rate, but that's rarely the rate you'd actually get buying or selling dollars in practice. Loofta pays out at the real market rate, the rate people and businesses actually exchange at day to day, which is usually more naira per dollar than the official bank rate.
How do I convert USDC to naira in a Nigerian bank account?
Send USDC to the recipient's email or handle through Loofta. They open the claim link, choose to claim in naira, and it's paid out directly to their linked Nigerian bank account, no wallet needed on their end.
Is USDC the same as US dollars?
Not exactly, but close. USDC is a stablecoin designed to always be worth $1, backed by cash and short-term US Treasuries. For everyday purposes, think of it as digital dollars that move instantly and settle on-chain rather than through a bank.
How long does withdrawal to a Nigerian bank take?
Claiming in naira is typically a matter of minutes once the recipient confirms their bank account, since it doesn't wait on a manual withdrawal order the way a card or wire transfer would.
Not sending crypto? See today's dollar to naira rate instead.