Joel@J2 Partners

"Africa doesn't have a dollar problem. It has a plumbing problem." The dollars exist. They're scattered across correspondent accounts in Frankfurt, Paris, and London, invisible to traders who need them in Lagos and Nairobi. New episode with April Long on how stablecoins are fixing the triangular trade flow Africa never had a hub to process.

When banks have vulnerabilities in their AML systems, there’s a framework in place to address even the smallest compliance lapses. With crypto firms, there’s no framework, there’s a free-for-all: terrorist groups get financed, drugs cross borders, criminals get paid. There’s so little transparency, we don’t even know how deep the problem is.