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On The Brink with Castle Island

Jose Lemus (IBEX Mercado) on Lightning adoption in Emerging Markets (EP.435)

Jul 3, 2023
45:41

Jose Lemus, CEO and cofounder at IBEX Mercado, joins the show to talk Lightning and its growing usage in emerging markets. In this episode:

  • The origins of IBEX
  • How IBEX clients are using LN in emerging markets
  • How Lightning as a settlement layer for cross-border interbank payments
  • Lightning as a bridge currency
  • Why stablecoins make sense on Lightning
  • Why EM firms have an affinity for Lightning
  • IBEX’s partnership with Grupo Salinas and how they are introducing Lightning to Mexican households
  • Lightning as an emerging remittance tool
  • Why Mexico is a good fight for Lightning adoption
  • Is Jose satisfied with Lightning’s maturity as a protocol
  • How Bitcoin’s market cap is the ultimate bandwidth for Lightning
  • Why Lightning reimagines the established batched payments model
  • Jose’s answer to the biggest critique of Lightning at present

Further reading: 

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