On The Brink with Castle Island
Ruben Galindo (Airtm) on distributing USD to Venezuelan healthcare workers (EP.123)
Sep 9, 2020
54:18
Ruben Galindo, cofounder and CEO of Airtm, joins the show. Recently, Airtm has been in the news as it was reported that Juan Guaidó, Venezuela's would-be President, was using the app to coordinate the disbursement of funds seized from the Maduro regime to healthcare workers in Venezuela. In this episode:
- Why Ruben cofounded Airtm
- How Airtm creates local liquidity for dollars against any local currency
- How Airtm manages their reserve
- How Bitcoin and Ethereum intersect with AirUSD
- How Airtm creates local liquidity on their platform
- The size of Airtm's userbase globally and in Venezuela
- Why international freelancers gravitate towards AirTM
- The genesis of Airdrop Venezuela
- How Airtm linked up with Venezuelan president Juan Guaido to distribute payments to Venezuelans
- The genesis of the plan to distribute seized funds to Venezuelan healthcare workers
- How Airtm is planning to route around Maduro's attempts at censorship
- How Airtm manages the physical risks of running a grey market business in Venezuela
Read more about Airtm here.
