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 91: Special Guest Interview, Try Crypto Mining and TCM University
Episode 90: How To Earn Free Crypto
Episode 89: Cold Storage, It's Not Just For Your Beer
Episode 88: Mass Adoption or Mass Avoidance; What’s Next For Cryptocurrency
Episode 87: Privacy, Is It a Thing of The Past or Is It a Fundamental Human Right?
Episode 86: How To Practice Safe Forking Procedures
Episode 85: Mimblewimble, Important Crypto Protocol for Wizards and Muggles Alike
Episode 84: Is Everything Better On The Blockchain? A Look At Tokenization
Episode 83: 10 Years Of Bitcoin, Where We’ve Been, and Where We’re Heading
EPISODE 82: CRYPTO BOTTOM? CAN YOU CATCH THIS FALLING KNIFE?
Episode 81: Who's Protecting Your Private Keys? Interview with CEO of Safeledger
Episode 80: Interview With The Crypto Couple
Episode 79: Special Guest Interview With The Cryptovator, Belal Miah
Episode 78: Stay Current With Crypto Current
Episode 77: ₿itcoin Getting Mauled By Bears. What Now?
Episode 76: Binance Adds Major Adoption Announcements This Week
Episode 75: Is Bitcoin The Best Bet For Next 10 Years? Forbes Thinks So
Episode 74: Waiting On Institutional Money To Enter Crypto? It's Here
Episode 73: Crypto Markets Continue To Bleed. You Crying Or You Buying?
Episode 72: Crypto Community, Why Are You Even Here??
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