Messari’s Unqualified Opinions
Technology
This is one conversation the entire #XRParmy is going to love. Daniel Vogel, CEO of Bitso, which is Mexico's largest crypto exchange details how the company is utilizing XRP the asset (not just Ripple software) to catch a piece of the $35B in remittances that flows across the US-Mexico border each year. Sourced mainly from Moneygram in the US, Bitso saw $18M in XRP remittance volume the last week of December and that number has been growing 15-20% each week. Daniel hopes to catch as high as 20% of the weekly US-Mexico remittance flow by the end of 2020.
Beyond highlighting a clear win for the Ripple team and XRP, this conversation sheds light on a region of the world that is ripe for crypto adoption beyond pure speculation. Bitso's home country of Mexico is home to 125 million people, 87 million of which have smartphones while only 40 million have bank accounts - only 22 million of these bank accounts are active. Basically, the perfect ingredients for crypto adoption.
---
If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io
Dave Balter, CEO and Founder of Flipside
Uri Klarman, CEO of BloXroute
Muneeb Ali, Co-founder of Blockstack
Alex Adelman, Co-founder and CEO of Lolli
Alexander Skidanov and Illia Polosukhin of Near Protocol
She256 Co-Founder Alexis Gauba
Ethereum Core Developer Lane Rettig
Unlock Protocol CEO Julien Genestoux
Coinlist CEO Andy Bromberg
Doug Petkanics, Founder at Livepeer
Anthony Pompliano, Founder at Morgan Creek Digital
Taylor Monahan, Founder & CEO of MyCrypto
Henri Pihkala, CEO & Founder of Streamr
Lily Liu, Co-Founder & CEO of Earn.com
Bill Barhydt, CEO & Founder of Abra
Felix Feng, Founder and CEO of Set Protocol
AMA with Ryan Selkis
Nadav Hollander, Founder of Dharma Labs
Mark Bhargava of Tagomi
Mainframe Founder and CEO, Mick Hagen
Create your
podcast in
minutes
It is Free
The Pomp Podcast
What Grinds My Gears
Letters from Wall Street
The Token Daily