How can Crypto and Stablecoins coins bring a transformative change in the payments system?

In this episode of The Next Billion podcast, George Harrap is joined by Kunbi Ogunleye, CEO of Swap Bitssa, a swapping platform that exchanges stablecoins for fiat money.

George and Kunbi begin their conversation by acknowledging that cash remains a dominant form of payment despite significant progress in digital payment methods.

They discuss how crypto was initially perceived as a neutral payment solution but has faced challenges in becoming a global payment platform. They then delve into the challenges and opportunities of using crypto for payments in emerging markets, where demand for foreign goods and receptivity to crypto payments are higher.

Kunbi also gives us insights into how stablecoins are utilized for international trade, providing fast and efficient transactions without traditional trade finance requirements.

They end their conversation with Kunbi predicting stablecoin adoption in Egypt and South Africa to boost African e-commerce and hospitality, citing the potential for ancillary services and credibility from strong acceptance in these countries.

Listen to George and Kunbi’s raw and insightful perspectives here, and on Spotify, at https:////open.spotify.com/show/2ELv0Ct

Swap Bitssa Website : https://swap.bitssa.com/ Follow Swap Bitssa on Twitter at: https://twitter.com/SwapBitssa

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