💭”𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧𝐬 𝐚𝐧𝐝 𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐫𝐚𝐢𝐥𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐮𝐩𝐠𝐫𝐚𝐝𝐞 𝐟𝐨𝐫 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬.” Two-thirds (⅔) of every crypto transaction is conducted using stablecoins and there is no doubt the future of digital dollars is happening today. In the latest episode of 🎙𝘗𝘶𝘣𝘭𝘪𝘤 𝘒𝘦𝘺, Chris Harmse of BVNK speaks to host Ian Andrews about how stablecoins are 🔓 unlocking a new era of global payments. Chris discusses the key findings from BVNK’s report 𝘛𝘩𝘦 𝘋𝘦𝘤𝘢𝘥𝘦 𝘰𝘧 𝘋𝘪𝘨𝘪𝘵𝘢𝘭 𝘋𝘰𝘭𝘭𝘢𝘳𝘴 and explains the rapid developments in cryptocurrency, the stablecoin market and the evolution of financial systems in South Africa, LATAM and other emerging markets. 🎧 Tune into the full episode here: https://bit.ly/4eM9B76
Me encanta
Thank you to BVNK and Layer1 for supporting the first season of the stableminded podcast from stable studios ❤️ https://youtu.be/uXVo0uOX5vA?si=t7tOd-aOmwkyui7n
I look forward to listening to the full episode! A point that I hope you cover is that centralized stablecoins whilst they can ensure liquidity more easily, are inherently tied to counterparty risks. On the other hand, decentralized stablecoins face liquidity constraints but can overcome these through wider adoption, improved incentives for liquidity providers. Over time, decentralized systems could provide a robust alternative to centralized stablecoins, provided they address these challenges effectively. How quickly this can happen is anyone’s guess but it does feel like whilst blockchain and centralised stablecoins can replace SWIFT - we should not loose sight of a much better goal of decentralised stablecoins that does away with counterparty risk entirely.
Co-Founder @ BVNK | Accelerating payments with stablecoins
8moThanks for having me on the show Ian Andrews, I enjoyed the discussion.