The former Pokemon card seller is at the forefront of a quiet crypto revolution in Africa, where stablecoins are already disrupting international payments and helping businesses thrive.
Posted on October 22, 2024 at 12:00 PM EST.
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Africa is quickly becoming one of the most dynamic regions for cryptocurrency adoption, but the story unfolding there is very different from what many Western countries imagine.
Yellow Card co-founder and CEO Chris Maurice joined the show to share how stablecoins are already transforming businesses across the continent, solving real-world problems, and taking on SWIFT . We also explain why USDT is the stablecoin of choice there.
He also delves into the long-term economic implications of crypto adoption and explains why anyone serious about business should pay close attention to Africa.
Show highlights:
What is Yellow Card and the focus on USD stablecoins The complexity of doing business in Africa Which African country has the highest adoption rate Chris’ background and the funny story of how he came to work in Africa In Africa How does the company’s operations differ from other countries? Why does Yellow Card currently operate with three stablecoins and a USDT advantage? Why does Yellow Card only offer centralized stable coins? Why should everyone pay more attention to the continent, according to Chris?
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Unchained’s previous coverage of stablecoins and emerging markets: Castle Island Ventures report: Stablecoins: The story of emerging markets
