In this episode, Blockchain Wayne interviews Kory, the CEO and co-founder of Stably. They discuss Stably's journey, challenges faced, and plans for the future. Kory shares his background and how he got into the crypto space. He talks about the importance of stablecoins and how Stably aims to provide trustworthy and transparent stablecoin payment services. Kory also discusses the impact of Prime Trust's bankruptcy on Stably and how they have overcome the challenges. He highlights the launch of StablyRamp, a fiat on/off ramp, and their partnership with Coin98. Kory concludes by expressing optimism for the future and the growth of Stably in the coming years.
Learn more about Stably: https://stably.io/
Learn more about FIO and get your Handle today: https://fio.net/
Takeaways
Stablecoins are crucial for enabling widespread adoption of crypto payments by addressing the volatility concern of businesses.
Stably faced challenges due to the bankruptcy of their regulated custodian, Prime Trust, but successfully rebuilt their infrastructure and formed new partnerships.
StablyRamp provides a fiat on/off ramp for buying, selling, and swapping stablecoins and other digital assets using traditional payment methods.
Stably plans to expand its asset offerings, support more payment methods, and enhance transparency through on-chain collateralization.
Stably's partnership with Coin98 and the launch of CUSD aim to expand their stablecoin services to emerging ecosystems and enhance interoperability.
Chapters
00:00 Introduction and Background
03:07 Stably's Journey and Challenges
11:01 Impact of Prime Trust's Bankruptcy
16:14 Rebuilding and Future Plans
26:40 StablyRamp and Fiat On/Off Ramp
29:58 Follow Stably and Coin98 Partnership
31:48 Conclusion and Future Outlook
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Episode 186: Navigating Wallet Security With Britt From Harpie
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Episode 179: Bridging The Gap Between Blockchain-based Technology And The Traditional Finance World With Bitwave
Episode 177: Bridging Beats and Blockchain With Malik From On The BlocChain
Episode 176: Exploring The Next Level Of Web3 Gaming With Tribally
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Episode 173: Building Trust In A Digital World With Wakweli
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Episode 170: Beyond The Hype With Crypto and Blockchain
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