Noblocks crosses $1M
Noblocks has crossed $1M in stablecoin retail inflow, now at $1.1M lifetime. The move is recent and steep — one week in June brought in 38% of everything it has ever received.
- $1.1M
- Lifetime retail inflow
- +1,294%
- Quarter on quarter
- 78.6%
- Carried by Base
- 84.3%
- Moves as USDC
crossed $1M in Jul 2026
recent and steep
$831K of $1.1M
$891.6K vs USDT $167K
A decentralised offramp built on Paycrest infrastructure, launched in Q1 2026, converting stablecoins to local currency across Nigeria, Kenya, Uganda and Tanzania.
It has now taken in $1.1M across 6,439 wallets and seven chains, at an $87 average deposit — and almost all of that arrived recently.
The move is recent and steep: retail volume is up 1,294% quarter on quarter, and the week of 22–29 June alone brought in around $420K — roughly 38% of all lifetime inflow in a single week.
On composition, Base carries 78.6% of inflow ($831K), BSC 13.5%, with the rest spread across Polygon, Ethereum, Arbitrum, Celo and Lisk. USDC dominates at 84.3% ($891.6K) against USDT at 15.7%.
Where it sits in our offramp coverage: Noblocks is now in the $1M+ tier, 4th of the five live offramps we track on-chain — behind Spenda ($52.2M), Breet ($16.3M) and Azza ($4.49M), ahead of Paj Cash ($793K).
Method
Retail stablecoin inflow traced from verified Noblocks addresses across seven chains, Feb 2026 to Jul 2026. Inflow-side only — excludes payouts to local currency, transfers between Noblocks-controlled addresses, and all off-chain activity. Category ranking covers the five live offramps AfriFlux tracked on-chain at the time of measurement.
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AfriFlux (2026). Noblocks crosses $1M. Published 7 July 2026. https://www.afriflux.xyz/feed/noblocks-crosses-1m
Reproducing a chart? Use this line: Source: AfriFlux — on-chain intelligence for Africa's stablecoin economy. afriflux.xyz