
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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