The crypto industry is refocusing on the uses of its tech stack, says Stellar Development Foundation CEO
The Scoop
Empowering Developing Countries with Financial Technology
Focusing on low to medium income generating countries in Africa and South America, this technology can provide everyday financial services ready on Stellar with stable assets. By addressing regulatory hurdles, facilitating cash-out options, and collaborating with local providers, this technology is revolutionizing access to financial services for creators and businesses in developing economies. The initiative includes building wallets for creators, integrating USDC for payments, and partnering with local payment aggregators and mobile money providers to streamline transactions and offer life-changing opportunities, promoting financial inclusion and economic growth in these regions.
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