Meet NADD, Namibia’s first blockchain-native stablecoin: pegged 1:1 to the Namibian Dollar (NAD) and backed by hybrid on-ledger and fiat reserves, designed for fast, secure digital transactions and to expand financial inclusion nationwide.
OSHAKATI, NAMIBIA, October 21, 2025 /24-7PressRelease/ — The Namibia Digital Dollar (NADD) has officially been deployed and verified on the BNB Smart Chain (BSC) Mainnet, marking a historic milestone as Namibia’s first blockchain-native stablecoin.
The Namibia Digital Dollar (NADD) is a fully digital, blockchain-based stablecoin pegged 1:1 to the Namibian Dollar (NAD) and 100% backed by on-ledger reserves. Built on ERC-20 for speed, scalability, and low transaction costs, NADD is designed to modernize Namibia’s payment systems, enhance cross-border transactions, and promote financial inclusion through decentralized finance (DeFi) innovation.
NADD is a brand of Abba Payments Ltd, the developer of CillarCoin (CILLAR) — a utility token trading on PancakeSwap with a fully diluted market cap (FDV) of $1.97 billion USD. This heritage underlines NADD’s robust foundation in blockchain innovation, real-world utility, and decentralized finance.
Abba Payments is also the developer of the recently deployed Synthetic African Currency Exchange (SACE), which represents a weighted basket of Africa’s top 21 national currencies — with a combined valuation exceeding $2.3 trillion USD — tokenized into a single, tradable BEP-20 digital asset, SACE. The initiative positions Abba Payments at the forefront of Africa’s digital monetary transformation, promoting currency stability, intra-African trade, and economic integration through blockchain technology.
“The deployment of NADD on the BNB Smart Chain represents a major step forward for Namibia’s digital economy,” said Simon Kapenda, Creator of NADD, SACE, and CillarCoin. “This launch lays the foundation for a new financial infrastructure — one that is transparent, secure, and accessible to every Namibian.”
The verified Mainnet Contract Address is:
0x0a8f5C56049166b535E698a222d7387b48b7A29E
NADD operates under a formal Governance Charter, ensuring transparency, reserve accountability, and regulatory alignment. Its smart contracts are audited and verified, providing open access to all on-chain activities. The stablecoin will serve as a bridge between traditional finance and decentralized systems, enabling instant peer-to-peer payments, digital savings, and future integrations with fintech and government service platforms.
Users can store, send, and receive NADD using any BEP-20 compatible wallet, including MetaMask and Trust Wallet.
Following the successful mainnet deployment, NADD is preparing to debut on a leading global Centralized Exchange (CEX). This listing will expand access to NADD globally, enhance liquidity, and provide a trusted trading environment for users, institutions, and developers worldwide.
By launching on a CEX, NADD aims to strengthen its position as a regional digital reserve currency, attract international participation, and further integrate Namibia’s digital economy with global financial markets.
About Namibia Digital Dollar (NADD)
The Namibia Digital Dollar (NADD) is a blockchain-native, programmable stablecoin pegged to the Namibian Dollar (NAD). It is built to foster trust, financial inclusion, and digital transformation through decentralized and transparent financial infrastructure.
For more information, visit:
https://github.com/abba-platforms/NADD
Media Contact:
NADD Communications Office
Email: naddtoken@gmail.com
About Abba Payments
Abba Payments (Namibia) (Pty) Ltd is a premier fintech company behind CillarCoin (CILLAR), a utility token currently trading on PancakeSwap with FDV market cap of $1.97 billion USD, and the Abba App (formerly Abba Wallet), a secure and user-friendly mobile payments and digital wallet platform. With Abba App, registered and verified users can send and receive money, make payments, and transfer funds instantly via QR code scanning or wallet-to-wallet transactions across Africa and beyond. Abba App is deployed on Google Play and www.abbapp.com
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