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[@emonehin](/creator/twitter/emonehin)
"For context popular stablecoins like USDC USDT publish monthly reserve reports. Heres @circles report for May well-detailed and backed by a reputable auditing firm @Deloitte If cNGN wants the same level of trust the same level of transparency is expected. #Stablecoins #cNGN #Web3Nigeria"  
![@emonehin Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1003411362.png) [@emonehin](/creator/x/emonehin) on [X](/post/tweet/1949133280483119375) 2025-07-26 15:42:41 UTC XXX followers, XX engagements


"Not to be a buzzkill but I hope people are asking the right questions about @cngn_co and making sure theyre truly compliant This would be a lot easier if they used a well-recognized audit firm and published reports regularly to prove the token is actually backed by Naira reserves. Last audit was in March thats over X months ago and the only audit report they have. #cNGN #Web3Nigeria #Stablecoins"  
![@emonehin Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1003411362.png) [@emonehin](/creator/x/emonehin) on [X](/post/tweet/1949131847671095521) 2025-07-26 15:37:00 UTC XXX followers, XX engagements