kinda crazy half of CT was just in singapore and they’re all arguing about some party instead of highlighting that you can literally pay for the your Uber-equivalent with crypto and that most of Singapore is immigrants who send $$ across borders and often use crypto to do so

(that’s real consumer adoption btw)

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

>immigrants who send $$ across borders and often use crypto to do so

i reckon most of this volume will not be on/settled on ethereum either; prolly on tron or another chain highly ignored, made fun of by ethereum maxi folks

building /quidli 🦑, casting in /justinahn, daoing in /🍊 & /🟪

Tron, Celo and lately even Arbitrum seen growth in stable coin transactions.

Yes, and usdt/usdc have large volumes too. 

I believe a lot has to do with MiniPay by Opera in Africa.

Since I spoke with @freeatnet.eth at Devconnect '23, I've been bothered by Justin Sun & Tron capturing the stablecoin market. It's not only less secure than Ethereum but also much more expensive than L2s.

A few weeks ago I met Marek - Co-Founder of Celo - and he told me that Celo has almost the same stablecoin usage as Tron. 

They have a partnership with Opera (yes, the browser we used to download to get rid of IE) that's apparently very popular in mobile-dominated Africa and integrated a stablecoin wallet inside the browser. Plus they did tons of other things described by Marek in this essay.

I'm happy that Celo will soon become an L2.

https://news.kiwistand.com/stories?index=0x66f12fd1611a954cf16cd0750215321a2e8416758c8b16b14bc8158c2a1f5ed775237878

Saw this tweet, explains it way better than I did 😂

Saw this tweet, explains it way better than I did 😂

https://warpcast.com/macbudkowski/0xa17f2763

celo & arbitrum surprise me! for celo, is it around their native stables - cusd, ceur, creal, etc?