BandaWeb3 #045 Stablecoins MXN USD
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About this episode
Mexi explains how his speaking tour on stablecoins for Mexican banks got started. He reviews with @ElianXBT and @bitcuners the adoption of stablecoins in Mexico and Latin America, Bitso's more than 4 million users, and the lack of regulation from Mexico's central bank. They also discuss the risk of Tether or Circle freezing funds, past attempts at a Mexican stablecoin, and real cases of remittances and informal trade with USDT.
Chapters
- 00:00:00 Intro and Mexi's speaking tour
- 00:17:24 Stablecoin adoption across Latin America
- 00:24:14 Mexican regulation and volume vs Visa
- 00:35:30 The censorship risk in stablecoins
- 00:40:36 Attempts at a Mexican stablecoin
- 00:56:24 Remittances and informal trade
Topics
Speaking tour on stablecoinsStablecoin adoption in MexicoFintech regulation in MexicoCensorship and freezing riskHistory of a Mexican digital pesoRemittances and informal trade