It’s predetermined that stablecoins are going to bring financial security to global, underserved communities. Awesome video from the Solana team on one of those teams transforming emerging market finance in @zarpay_app 👇
My family is from Pakistan—payments there (+ the local currency) is very broken. Love seeing this.
Stablecoins allow for quick leapfrogging into a modern payments stack.
One of the most exciting investments I made last year was @zarpay_app
1. @tmnsky is a repeat founder who has deep local insights, a grand vision with a practical mindset, and extreme focus on delivering value to end users
2. Long stablecoin adoption
3. DePIN angle using existing networks for on/off ramping to scale faster
Imagine a mobile app that could protect millions in emerging markets from unstable currencies
Meet @zarpay_app — converting cash to stablecoins on Solana through local money agents, starting in Pakistan
A key challenge in accelerating stablecoin adoption in emerging markets is figuring out how to abstract the complexity of crypto for first-time smartphone users. We’re proud to have @privy_io and @sternhenri as partners in this journey 🙌
📣 1/ Introducing ZAR: Converting cash to stablecoins for the next billion users (ft. DePIN)
Watch @tmnsky share why/how and learn more in the thread below 👇
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