Titus | DeFiChief.eth

Decentralized Stablecoin Settlement @usedexpay Anywhere, anytime… powered by P2P liquidity Wherever your funds resides, across multiple networks… safely, instantly with near-zero fee… -On/Off-ramp instantly -Send money to friends & family in seconds -Pay with crypto and vendors/SMES receives cash in bank account…

@elonmusk How can AI help me to talk to anybody virtually similar to having a real visual conversation with you or someone of interest?

We are driven by result & customer satisfaction and now DexPay who started with 5 to 8 transactions daily… now powers settlement for businesses and settling over 6 digits (usd) in single trade transactions.

Solving the hardest problem locally & building for global scalability is the survival route for any startup building stablecoin infra for money movement Understanding the problem and be too stubborn in solving it 😂 @usedexpay @that_techieboy @ayahq_ @LiskHQ

The next few months might be a bit quiet from us due to the level of work we are putting in… in solving this problems at scale.

…We’ve been moving forwards solving this problem everyday, yes, challenges and set backs but we know what we signed up for, very difficult problems but that is what innovation stands for and we are doing this every day from every single person working at DexPay…

…. This is what we are committed to solve first before any other thing And ever since 14 months ago that we’ve went live on beta…

The business has to work before tech and the engineering effort has to address the business problem not the CEO or leadership problem but the business, the users, the speed, the rate, the volume, the customers…

The journey with DexPay hasn’t been smooth like every other startup… but the culture is different here due to well grounded experience across the market we are focused on and the audience.

🙏🏾💪🏾

@CHIEFIKENGA @paystack @Clapmihq Early days hurdles and rough edges… rooting for ClapMi always… Champ 💪🏾

When @paystack froze merchant withdrawals for @Clapmihq account for over a month, that could have easily been our downfall. Grateful to God that we always ensure that users deposits are backed 1:1 in stablecoin equivalent if not, they would have said another Nigerian startup rugged it's users The internal battles and war scars in building a startup, we learnt from this ordeal and it has only strengthened our resolve to building a gamified creators economy . We are telling our building stories in the ClapMi monthly newsletter. Signup on ClapMi to build with us from Day Zero

Types of stablecoins, structure and risks. Stablecoins in Africa are said to be witnessing a growth of over 40% with Nigeria processing over $22B in 2024. However, stablecoins, which are pegged crypto assets, are not all the same. Here is an insight into different types of stablecoins, structures and their risks.

@0xg3nie @njokuScript @BlockradarHQ @usedexpay Tokenizing for public access or on your product? For accessible tokenized fiat like cNGN has the compliance coverage and it’s open-source

@DeFiChief_ @njokuScript @BlockradarHQ @usedexpay Hope you are aware there are legal consequences for tokenizing a FIAT.

Any serious person who wants to work on this, I have the whitepaper + source code + GTM pointers.

@njokuScript @BlockradarHQ @usedexpay Let me add… this is not live yet but letting you know we are working on that and would like to get your input

@DeFiChief_ @BlockradarHQ @usedexpay how's that related to being some sort of issuer-as-a-service?

@njokuScript @BlockradarHQ @usedexpay …For off-chain use PSP handles that and on-chain via amm fiat/bond <> usdt/usdc <> tokens routing

@njokuScript @BlockradarHQ @usedexpay Local fiat currency is tokenized… via decentralized pools (deposits fiat & token is issued) and all tokenized fiat is pegged against usdt/usdc. This goes into aggregated liquidity/treasury with the pegs…

@njokuScript @BlockradarHQ @usedexpay Yes

@DeFiChief_ @BlockradarHQ is this @usedexpay ?

@LiskHQ 🔥🔥🔥

Today, the Lisk EMpower Fund goes live — a $15M venture fund backing founders in Africa, Southeast Asia, and Latin America. 🌍 Our mission: close the capital gap and support proven products on their path to global scale. 👉 lisk.com/fund The opportunity ahead 🧵

We’re excited to announce our partnership with @usedexpay ! 🎉 This collaboration enables ClapMi users to enjoy secure and seamless transactions. Our users can now directly withdraw Clap Points to Naira. This is only the beginning.🎥

@Clapmihq @usedexpay 🚀🚀🚀 Giving users that happiness & freedom they deserve financially Still day 0 💪🏾💪🏾💪🏾