Episode Details
| Title | Chris Maurice (Yellow Card) on Stablecoin Adoption in Africa (EP.641) |
|---|---|
| Date | 7/2/2025 |
| Podcast | On The Brink with Castle Island ↗ |
Key Insights
Bullish:
- 🟢 $USDT - USDT is gaining significant traction in emerging markets due to its superior liquidity compared to other stablecoins, and has shown rapid adoption on trading platforms.
- “The first day that we listed USDT, we went to 70% Bitcoin, 30% USDT. And that was, I mean, a pretty big jump for one day. Right? And then, you know, as it went on, four months later, we were doing a 100% USDT.” - Chris (3:08)
- “The reality is there's just not as much liquidity for USDC in emerging markets as there is for USDT. Right? And that's why USDT is is, you know, able to do that.” - Chris (26:23)
- 🟢 $STABLES - 🔒
- 🟢 $EM - 🔒
- 🟢 $AFRICRYPTO - 🔒
- 🟢 $BANKTECH - 🔒