gwera

2024 African fintech predictions: 🇳🇬 Nigeria's (regulatory) influencer era 🚪 market entry for foreign giants 📈 Francophone Africa rising

@tikhbana have you tried @SlingMoney ?

fintechs when users outside of US and EU want to use their services

@StoneAtwine @UG_Airlines @flyethiopian I’m taking my first flight with them in a few weeks. very nervous because they’ve emailed me twice saying that the flight time and details have changed 😳

Good to see @UG_Airlines keeping the London–Entebbe route moving using @flyethiopian 787s on wet lease. It seems a serious person is now in charge: prioritize reliability, protect the network, and buy time to fix operations. Not cheap, but far better than cancellations and loss of trust.

Over a decade ago at Uber, we were paying drivers across 40 countries. Their top ask: "Pay me faster." That stuck with me through Coinbase and Stripe, where I kept running into the same wall from different angles. Today, Latitude (@rtp) is launching out of stealth. We raised an $8M seed round in Jan 2025 and have been building quietly since then.

This does not mean 59%/48% of Nigerians own USDT/USDC. This survey from BVNK and others surveyed only those who either already own crypto or plan to own crypto. It's not some general population survey; it's *highly* biased towards crypto familiarity.

Claude just went down and I'm sure many people have deadlines. E no be easy!

Digital Asset Firms Push Kenyan Banks to Adopt Stablecoins FX Under New Law Kenyan banks and regulators are exploring integration of stablecoins and blockchain into formal finance as rules under the Virtual Asset Service Provider Act of 2025 take shape. Discussions at Africa Tech Summit Nairobi highlighted risks of banks losing cross-border settlement and custody revenue to fintech platforms. Industry players including Luno and Tether.io urged collaboration, while the Kenya Bankers Association signaled coordinated engagement with regulators. kenyanwallstreet.com/digital-asset-…

These cards all have one thing in common. Thwy don't last.

Packing...

🇰🇪Hello Nairobi! The Sling Money team are taking over The Library on the rooftop of Sarit Center next week . ☕ Free refreshments 💻 Co-working area 🎁 Sling swag No conference ticket required to come through — just register and swing by. luma.com/sling-money-na…

@notgwera packing for our kenya trip 😂 🟠🟠🟠🟠🟠🟠🟠🟠🟠🟠🟠🟠🟠🟠🟠

Kenya, we're on our way. The Sling team will be back in Nairobi next week! Mark your calendars for Feb 8-15. More details dropping soon. ✈️

“Your total is $40.57. Will that be cash, credit, or USDT USDC TUSD USDP FRAX BSD FDUSD PYUSD EURC USDD USDR USDS USDJ USDK USDM USDF USDE USDSC USDTB USDX USDO USDB AUSD AUSDN CUSD OUSDX RUSOC GUSD MIM FEI HBD MONE EURE EUSD ZUSD YUSD FLEXUSD TRYB XSGD SUSD SEUR SGBP SUPY SAUD USDL USDG USDV USDY USDTX USDYO USDBR USDPX USDQ USDH USDX2 USDZ2 USD3 USD-USDL USDC-E USD-M USDKRW USDTZ USDKRUSTC USTX USTB USTN USTP USTFUSTO USUSCA USC XUSDG XUSDN XUSDP XUSDE XUCD USDVE DEUSD CRVUSD for you today sir?”

Argentina🇦🇷 is the posterchild for stablecoin adoption. But should it be? This year, hyperinflation has reduced and Trump offered Argentina a $20 billion lifeline to help Milei stabilize the peso. So if stablecoins are a lifeline from hyperinflation, what happens to stablecoin adoption when inflation goes away? We went to Argentina to find out. But when we realized we were asking the wrong question... The real story of Argentina involves long-standing distrust of government and the banks, and overbearing taxes that drive Argentinians to the informal economy. While stablecoin volumes in Argentina surpass $90 billion, Argentina still has over $200 billion in cash circulating in the country, and hidden under mattresses. It's the second-largest holder of US Dollar cash, behind the US itself. In this episode of Money Trails, presented by @StellarOrg, we explore why Argentines keep their money outside of the formal system, and why they are increasingly adopting stablecoins. Featuring @mbeaudroit, CEO of @belo_app. Watch the full episode here on X, or on YouTube - link in the post below ⬇️

Looking forward to bringing Stablecon to EMEA!

@navin346 @chuk_xyz on and off ramping is free on @SlingMoney

@chuk_xyz Even for emerging markets, On/Off-ramp costs are huge.

Getting paid in stablecoins is a great step but it’s not the whole story. Ask yourself: why do you bank where you bank? The initial reason was probably mundane: location, recommendation, signup offer. But why do you stay? Because your checking account is connected to everything that matters. It’s the clearing layer of your financial life. Money flows in from payroll, refunds, and transfers, and flows out to rent, credit cards, Venmo, and investments etc. You don’t switch because that web of integrations is what keeps your financial life running smoothly. That’s why payroll in stablecoins (like Paxos x Toku’s USDG move) is a promising start, but not yet a full replacement. Would I switch today? No, my neobank wallet isn’t (yet) connected to all those things like my bank account is. For stablecoin wallets to compete, they need interoperability: ACH, direct debit, wires, bill pay, card top-ups, investments. In emerging markets, the trade-offs make sense; in the U.S., not yet. Still, it starts here. Once wallets match that level of connectivity, the center of gravity can shift, but well banked users need a compelling reason to switch. In the short term, the impact is greatest for users in emerging markets. Would you switch to stablecoin payroll?

@Br1ghid highly highly recommend a listen to this episode from the stepchange podcast - It's 4 hours long but well worth every minute. it's by @ben8128 and Anay Shah stepchange.show/p/data-centers…

coincidence or synchronicity? I've been reading about data centers so much the past two weeks, and then yesterday I sit down on the plane from London to SF next to a data center engineer/architect. 10 hours yabbering about data centers - coincidence or synchronicity?

1/ Today we are excited to announce that Visa Direct will be enabling businesses to use stablecoins for faster funding of local currency payouts over our global money movement platform that can reach 11B endpoints across the world

great article from @notgwera on the stablecoin opportunity in the global south "Africa remains the most expensive region in the world for remittances, with fees as high as 8.5%, nearly triple the UN’s Sustainable Development Goal target of 3%. With over $95 billion in remittances flowing into the continent annually — and this number only growing... If even a third of Africa’s remittance flows shifted onto local-currency stablecoins, households could collectively save billions annually."

in the us, crypto == speculation ... outside the us, crypto == stability and latam is leading the way -- 90% of exchange activity is stablecoin-based from dune's 2025 crypto report -

We are proud to stand on her shoulders. Rest in power, Jajja.