Before the unicorn valuation, Tosin Eniolorunda was borrowing from his wife to make payroll.
Here's how he built @moniepointng into a $1B company:
- Focused on offline payments when others looked away
- Used transaction data (not collateral) to lend to SMEs
- Landed Jim Ovia's $5.5M cheque
This conversation happened here first.
👉 Watch the full conversation on YouTube (@NidacityLimited)
🎙️ Full episode in the comments.
Stablecoins are useless unless they solve actual business problems. Privy CEO Henri Stern reveals why Stripe acquired his company to build dominant global money rails.
(0:00) Why are we even building with stablecoins?
(0:36) What are Stripe's digital asset accounts?
(2:04) How did Privy reach 100 million wallets?
(2:44) Who is actually adopting crypto right now?
(4:40) How does Ramp use stablecoins globally?
(5:21) Why use stablecoins for treasury management?
(6:32) Is DeFi yield finally safe with Morpho?
(7:50) Why did Privy sell to Stripe?
(10:48) John vs. Patrick Collison: Who is smarter?
Just this week two more stablecoins launched, $DLUSD and $MGUSD
But is the bottleneck stablecoin supply?
Or is it the fact that most people still can’t use stablecoins as easily as they can use money?
Curious to see which thesis wins over time.
Feel free to read more of my thoughts here 👇
Just this week two more stablecoins launched, $DLUSD and $MGUSD
But is the bottleneck stablecoin supply?
Or is it the fact that most people still can’t use stablecoins as easily as they can use money?
Curious to see which thesis wins over time.
Feel free to read more of my thoughts here 👇
Every cNGN in circulation is backed 1:1 by naira held in a regulated Nigerian bank.
How do you know? The attestation report.
An independent third party verifies the reserves. The report is published and anyone can check.
Read the latest report
🔗 https://t.co/oFlkxvypgv
MoneyGram launching MGUSD on Stellar is a great move.
But genuine question:
If I receive $USDC today, can I seamlessly pay my rent, pay a vendor, pay an employee, or buy groceries without thinking about wallets, networks, bridges, or off-ramps?
If the answer is no, then I don’t think the bottleneck is the number of stablecoins available.
I think the bottleneck is making stablecoins feel as simple as cash.
Introducing MGUSD.
MoneyGram's native U.S. dollar stablecoin.
Natively issued on @StellarOrg.
Built with @Stablecoin, @M0 and @FireblocksHQ.
Live in the U.S. today.
16 Arsenal players heading to the World Cup.
Yet rival fans tell us that this squad can't win 4 consecutive Premier League titles. 😭❤️
Whatever makes people happy. 🤷♂️ #COYG
@JerryKingg_ Baba the reason you gave no follow, it’s not about money he has a chance to coach in the most competitive league no way he is turning it down.
this is one of the most exciting things we shipped last month, no stablecoin no problem, your naira is just as efficient for cross border payments on @useazza.
That TL conversation with Josip puts a lot of things into perspective for me ngl.
Nobody cares. Just win.
It’s already hard to build from Africa. It’s even harder when it’s Nigeria.
But are we going to give up? Hell no!
I enjoyed every bit of this cNGN story cause it is one of the most important products out of the African crypto space.
It clearly shows that when stablecoins (or stablecoin products) are built to be genuinely operational; solving real pain points like cross-border Naira movement, removing reliance on broken local rails, and delivering actual business utility adoption becomes the easy part.
We don’t have an adoption problem. We have an “operational” problem.
This should shape how every serious builder approaches the stablecoin ecosystem going forward.
Well done chief. This is how we build.
This is gold, chief 🫡
cNGN’s story perfectly proves the point I made in my article yesterday: when stablecoins(products) are truly operational and solve a real, painful problem (moving Naira onchain without the entire broken banking stack), adoption follows naturally.
https://t.co/FAC46SGFsY