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
Episode 131: Let's Talk Halving
Episode 130: May The Blockchain Be With You Challenge
Episode 129: How Secure Is Your Vault?
Episode 128: Crypto Chat With The Cryptovator, Belal Miah
Episode 127: The Implications Of Cryptocurrency In The Midst Of Recession
Episode 126: Connecting With Crypto Communities
Episode 125: The Potential Of Non-Fungible Tokens, NFTs
Episode 124: Don't Let Emotion Be Your Strategy
Episode 123: Don't Be A Schiff-head, Save Your Seed Phrases
Episode 122: Bitcoin Turns 11 and Proof of Keys Day
Episode 121: Crypto For Christmas
Episode 120: Is Recession Looming? Is Crypto A Safe Haven?
Episode 119: Bitcoin Whitepaper Turns 11
Episode 118: Unchained University Coming Soon
Episode 117: David Hoverman Talks Crypto and Synq
Episode 116: Special Guest, Tim Pace Talks Crypto and Technical Analysis
Episode 115: WTF Is Technical Analysis, Really??
Episode 114: DYOR? What The Heck Does That Even Mean?
Episode 113: Send Noobs! Back to Crypto Basics
Episode 112: Crypto Current Conference Panel, Crypto Education
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