Jeremy Light

At #NGP2026, @JeremyLight3 discusses evidence so far for the product-market fit of stablecoins, CBDCs, and tokenised deposits, in retail payments. Learn how stablecoins, CBDCs, and deposit tokens might remodel payments in Asia: 2-3 Feb, Manila lnkd.in/gg643BVy

@jbhearn 30

What age would you consider most people are responsible enough to be given the vote? I’d go for 25

49 countries + euro zone ranked by real-time payments per capita jeremylight.substack.com/p/mirror-mirro… #realtime #payments

🇬🇭✨ @Onafriq - @papss_africa Official Launch ✨🌍 We are thrilled to share the highlights from the official launch event of the innovative cross-border payment service by Onafriq and PAPSS, held last week in Accra, Ghana. The event was a resounding success, featuring insightful discussions and presentations. Our CEO, Mike Ogbalu III, delivered a compelling speech, emphasizing the transformative journey towards seamless financial transactions across the African continent. Thank you to everyone who attended and contributed to making this event a success. #PAPSS #Onafriq #CrossBorderPayments #FinancialInnovation

📢 PRESS RELEASE: @papss_africa & Interstellar Inc launch PAPSS African Currency Marketplace Pan-African Payment & Settlement System - PAPSS, in collaboration with Interstellar Inc. has launched the PAPSS African Currency Marketplace (PACM) — a bold step toward a borderless African economy. Marketplace empowers businesses with real-time, cheaper and more transparent currency exchange, accelerating the African Continental Free Trade Area (AfCFTA) vision. 🔗 Full press release here: lnkd.in/eiUTH6Ub For more information on marketplace, visit marketplace.papss.com #PAPSS #PACM #AfCFTA #AfricaTrade #CurrencyExchange #payment #Africa #crossborderpayment

Pan-African card scheme launches finextra.com/newsarticle/46…

So Young: M-PESA's 18th birthday - a guest blog by Jeremy Light bit.ly/3R06Buq

All commercial bank deposits are created as credit. Forget tokenised deposits, stable coins and CBDCs - to support today’s monetary system new forms of digital money should be based on tokenised commercial bank credit. #digitalmoney

Remarkable how U.K. IPO market has dried up. Tragic.

@MartinSLewis This is scaremongering - cards are prone to fraud and need a chargeback process. Pay by bank is far more secure as the payer authorises payment with bank security. 73% of e-commerce in NL is paid using PbB (iDeal) and has been for 20years with no chargeback process.

WARNING: Have you started to notice "pay by bank app" options at online check-outs. If so it's quicker, it's easier but be aware there's LITTLE PROTECTION. It's on the likes of Just Eat and Ryanair. You don't give card details, just pick your bank, and log into the app (via biometrics) then its done. Yet ultimately its just a bank transfer, which means you don't get the same refund rights like chargeback or Section 75 if things go wrong that you do when you pay by card. So for small things its no biggie, but beware with big important transactions. More coming on MSE soon...

The European Commission prefers to Make Bureaucracy Great Again and Again and Again.

Learn more about debts and deficits in our recent update by @AtlasPulse bytetree.com/research/2025/…

Last year, the UK government raised £1.1 trillion from taxes but spent £1.22 trillion. The taxes mainly come from income tax, national insurance, VAT, and corporation tax. Most of the spending goes to health, pensions, social security, education, and defence. The difference between what the government receives and what it spends is the surplus or the deficit. In 2024, the UK spent more than it received, and so there was a £122 billion deficit. In Switzerland, the government spent less than it received and had a modest budget surplus. If a government has deficits year after year, they soon add up. The UK now has a national debt of £2.8 trillion, which is often shown as a percentage of the economy. The UK GDP was roughly £2.54 trillion last year, so the debt has grown to a size that is slightly larger than the economy.

stablecoins - almost exclusively USD, have driven crypto trading which in turn has driven stablecoin usage. This usage is flowing into retail, which will grow and grow. #stablecoins #retailpayments #wholesalepayments jeremylight.substack.com/p/stablecoin-t…

Happy #Content #Christmas! The #UK will spend £680m on #Subscriptions, almost 12 million subscriptions, this festive season. How much would that be if you could apply pay-per-use? Learn more: bit.ly/4fVhJDr #FourDotPay #4DotPays #ContentCreator #CreatorEconomy #Creators

If renewables were cheaper, they wouldn't need over £11bn in subsidies every year, £2.5bn on grid balancing, £1bn rising to £4bn on the capacity market, nor >£10bn/yr spending to expand the grid.

Energy Ombudsman welcomes electricity bills going through the roof. The organs of the state are broken.

@John_Stepek @MerrynSW @FT @timesscotland The govt wants digital id to track & control the population. You can see it lurking in every initiative such as the National Payments Vision. The digital id we need is for politicians and bureaucrats for the public to track & control their moves, decisions, spending & cronies.

@MerrynSW @FT @timesscotland Somewhat irritating that even the people who never wanted ID cards are now reluctantly accepting that we need them, purely due to the relentless and unrepentant policy failures of two decades worth of governments

The @ft and @timesscotland both have leaders demanding digital ID. I guess we are getting digital ID.

@s_ketharaman The U.K. has 3.5GW battery capacity .v. 50GW needed. UK electricity prices have tripled in the past four years and will probably triple again if this capacity and the associated renewables are built

@JeremyLight3 I'm sure you're right but, just to overcome my Engineering and MBA OCD: (1) One utility uses batteries to store RE for night / nonwindy time supply of green energy (2) Every industry has nomenclature gotchas: They claim a town is electrified if 10% of homes have grid connections!

I have always wondered how my electricity supplier claims it supplies 100% green electricity when a. None can be generated on a night with no wind b. The national grid takes supplies from all sources with no way to filter green supplies to homes It’s just egregious greenwashing