The Defiant - DeFi Podcast
Latin America's Crypto Revolution | Ripio Co-Founder, Sebastian Serrano
Sep 2, 2024
Sebastian Serrano, Co-Founder and CEO of Ripio, shares insights on the evolution of one of Latin America’s largest crypto platforms. He discusses the transition from a retail wallet to a full-service ecosystem, highlighting partnerships with major companies and the development of a stablecoin for Mercado Libre. Serrano emphasizes cryptocurrency's transformative role in Argentina, addressing the challenges of hyperinflation while showcasing tokenization's potential. He also explores the future of crypto adoption and the importance of local knowledge in building robust market ecosystems.
43:52
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Quick takeaways
- Ripio has evolved into a comprehensive platform by integrating B2B services and partnerships with major companies like Mercado Libre.
- The rise of stablecoins and tokenization presents transformative opportunities for financial solutions and broader crypto adoption in Latin America.
Deep dives
Overview of Revio's Growth and Services
Revio has evolved into one of the largest platforms in the crypto space, boasting a variety of services such as a retail wallet, an exchange, and corporate partnerships. The company primarily operates in Argentina and Brazil, expanding its reach to countries like Colombia, Mexico, and Uruguay. It has notable clients like Mercado Libre, the largest company in Latin America, and Itaou, the region's largest bank, highlighting its significant market presence. Currently serving around 11 million users and employing about 300 people, Revio’s growth trajectory indicates a promising future as it continues to adapt to market demands.
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