From January 1, 2026, Nigerian banks will impose a N50 stamp duty on every fund transfer exceeding N10,000. This new fee structure raises questions about the friction cost in traditional banking channels. When remittances become expensive through conventional routes, users naturally seek alternatives—peer-to-peer solutions, stablecoins on blockchain networks, and decentralized transfer methods suddenly look more attractive. The move reflects how legacy systems keep piling on compliance costs, which eventually gets passed to everyday users. Markets with high transfer fees often see faster crypto adoption. Worth monitoring how this plays out in Africa's largest economy.