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Stabledash
@stabledash
Showcasing the founders and operators updating the financial system. Hosted by @drewrogers and @zdubs33 Live every Tu & Th @ 12PM ET
Joined November 2024
179 Following    3.7K Followers
"Everybody wants access to the dollar right now." But when businesses and individuals need dollars across Africa, most banks don't hold enough to remit on demand, leading to week-long delays and fees as high as 4%. He spent years visiting Nigeria carrying bundles of cash because he couldn't open a bank account without a local verification number. To solve the problem, @OnTheHouz founded @ZyntaFinance Zynta offers regulated stablecoin off-ramps across 20 African countries that settle dollars into local currencies like naira, cedis, and rand. The platform has processed $300M+ in transactions with 100+ enterprises on its rails. Cairon's conversation with @_zacharyhughes: 1:24 - Cairon's career origin at IFDS 3:27 - From permanent staff to contractor 6:06 - Getting into crypto in 2018 7:38 - Building Zynta on @Solana 8:22 - The $300K transaction that changed everything 9:17 - Walking with bundles of cash in Nigeria 10:57 - Africa skipped landlines, now banks 14:40 - Why building the off-ramp is hard 15:32 - AVAF and central banker conversations 16:53 - Licenses across four global countries 17:54 - Four layers of payment infrastructure 22:54 - Stablecoins eating traditional bank revenue 24:08 - How Dollarization meets government resistance 25:13 - 99.6% of stablecoin volume is USD 28:46 - Regulated infrastructure across 20 African countries Episode 0059. Presented to you by @altitude
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