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Eco
@eco
The stablecoin network that makes money programmable across every major blockchain. Backed by @a16zcrypto, @FoundersFund, @PanteraCapital.
Joined September 2016
40 Following    37.7K Followers
How do you pay out pesos in Mexico without keeping pesos in a Mexican bank account? On @TokenizedPod, @cuysheffield put that question to @manueljgodoym of @Felixpago. Wise-style remittance models fund local accounts in every corridor ahead of time. Félix sends USDC and buys pesos in a 24/7 market when the payout happens, at an FX rate Manuel says comes close to interbank. Cuy names the trade-off: no capital sits idle in each country, but you need a liquidity partner on the receiving side.
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