Breet crosses $20M
Breet has crossed $20M in retail stablecoin volume across 13,644 wallets — and half of it landed in a single quarter. At 10.8% of all retail flow in our coverage, it is now one of the largest venues we track.
- $20.3M
- Lifetime volume
- 13,644
- Lifetime wallets
- +153%
- Quarter on quarter
- 10.8%
- Market share
retail stablecoins
distinct, all-time
Q2 '26 vs Q1 '26
of all venues we track
Eighteen months ago the Nigerian P2P offramp was at a near-standing start. It has now moved $20.3M across 13,644 wallets — and it did $10.15M of that in a single quarter.
Q2 2026 alone was $10.15M, up from $4.0M in Q1 — a 153% quarter-on-quarter jump. That's 50% of everything Breet has ever moved, landing in one quarter.
Lifetime flow runs 86.6% USDT (around $17.6M) against 13.4% USDC (around $2.7M), across seven chains at a roughly $172 average ticket.
At 10.8% of all retail stablecoin flow in our coverage, Breet is now one of the largest venues we track.
Method
Retail stablecoin deposits traced from verified Breet deposit addresses across seven chains, from early 2025 through Q2 2026, in USDT and USDC. Deposit-side only — excludes payouts, transfers between Breet-controlled addresses, and all off-chain naira activity. Market share is Breet's share of attributed retail stablecoin flow across the venues in AfriFlux coverage over the same period.
How attribution works →Cite this
Free to cite with attribution. No embargo, no approval needed.
AfriFlux (2026). Breet crosses $20M. Published 24 July 2026. https://www.afriflux.xyz/feed/breet-crosses-20m
Reproducing a chart? Use this line: Source: AfriFlux — on-chain intelligence for Africa's stablecoin economy. afriflux.xyz