

Utility
14.4K posts

@Utility6151
Blockchain Developer | Web3 Instructor | alumni @ConsenSys | building @FundableHQ











America didn’t really need to start this war

@FundableHQ is building a simple path from crypto to everyday use Users can receive stablecoins, send payouts, and convert to local currency to spend across 25+ African countries, all inside one app No need to juggle multiple tools, everything works in one place.

@FundableHQ Your all-in-one solution for converting crypto into local currency at lightning speed, no need to chase merchants to release orders or share phone numbers just to get a response. I just completed a transaction with them, and you should give it a try too. They’re now available in over 22 countries.



Money on the internet should move as easily as a message. Fundable helps creators, communities, projects and organizations send value to people anywhere in the world. No complicated steps. Just simple tools that work. 👉 fundable.finance� A Thread 1/10



Cross border transfers from Africa today are $1 trillion (costing ~9%) Stablecoins will change that and none of us are ready for how big of an effect this will be. In a decade, Stablecoins will 10x-100x the efficiency. It will be $10 T - $100 T at least, costing < 0.1%

How long are we going to keep blaming these people for not giving us what most of them never had? Yeah, your feelings are valid but have we ever considered the fact that it's just their first time living too? They didn't even have the internet to give them a quarter of the exposure and knowledge we have right now. They only followed the path they were shown. Well, the baton has been passed onto us now too, let's see how better we can be.


The “Nigerians use stablecoins because the naira keeps losing value” narrative is outdated. In the last year, the naira has actually been one of the better-performing currencies, appreciating roughly ~10% against the USD at certain points. If your goal was purely holding value vs the dollar, you would have been better off holding naira (or a naira stablecoin like @cngn_co) than holding USD-pegged stablecoins. So why do Nigerians still use USDT/USDC? Not because of currency panic. The real driver is utility are Commerce, Remittance, access and convenience. > Commerce: Businesses use stablecoins for cross-border payments and imports. > Remittance: Diaspora transfers settle instantly without banking friction. > Access: Most Nigerians cannot easily access fiat USD. > Convenience: Stablecoins move globally in minutes without traditional rails and you can access it right from the convenience of your house. In Nigeria, stablecoins are becoming less a hedge and more a payment rail. They function as the internet-native dollar for trade and remittance not just a store of value.


