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…
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
…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…
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.
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
@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…
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.🎥