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 71: Special Interview, Social Responsibility Of The Crypto Community
Episode 70: Is Bitcoin Dead…Again? Or Is Capitulation A Good Thing
Episode 69: Crypto Market Is Sluggish, So Get Some Skin In The Game Now
Episode 68: The Truth Behind Fiat Currency And Why Crypto Can Help
Episode 67: Crypto Sentiment Is Turning Positive, Is That A Bull Horn I See?
Episode 66: Crypto-Collectibles, What Are They And Why You Should Pay Attention
Episode 65: Deep Dive Into The 10 Year History Of Bitcoin
Episode 64: Happy 10th Birthday Bitcoin Whitepaper
Episode 63: Crypto Education Is Vital To Adoption
Episode 62: Crypto Without Ego Is A Winning Formula
Episode 61: Special Interview and $30,000 Crypto Giveaway This Week
Episode 60: Crypto Update, Is The SEC Finally Ready To Play Nice?
Episode 59: Crypto and Blockchain, The Greatest Transfer of Wealth Ever
Episode 58: Crypto and Blockchain Take Huge Steps This Week
Episode 57: Bitcoin Booming or Tether(USDT) Crashing?
Episode 56: Bitcoin Bear Trap Or Bottom Incoming?
Episode 55: Bitcoin, It’s Time To Turn Up The Volume
Episode 54: I'm In A Good Place Right Now, And It's Called Crypto
Episode 53: Boring Market, But Bullish Bitcoin Rap Song Breaks Out
Episode 52: Bitcoin Bulls and Bears Must Be Sleeping
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