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 51: Bitcoin Is Boring and Coinbase Is Booming
Episode 50: Bitcoin Boredom Yesterday and Crypto Kitty Bundles Available
Episode 49: The Bitcoin Squeeze, Where Are You Going?
Episode 48: The Crypto Bubble Burst This Year. Here's Why It's A Good Thing
Episode 47: Crypto Market Gives Us Some Lovely Green Candles Today
Episode 46: Most Are Clueless On Bitcoin But This Billionaire Is Bullish In A Big Way
Episode 45: CNBC Expects Crypto Collapse, Which Means The Opposite Is Coming
Episode 44: The Crypto Market Giveth And It Taketh Away
Episode 43: Crypto Fireworks Led By Ripple. Will It Last?
Episode 42: Crypto Tax Tips And Coinbase Responds To Insider Trading Claims
Episode 41: Crypto Bear Markets Are For Builders
Episode 40: Does Cryptocurrency Market Cap Mean Crap??
Episode 39: Is Crypto Today Like Internet In The Mid 90's?
Episode 38: Crypto Update: Dead Cat Bounce or Bull Revival?
Episode 37: Bitcoin Is King, But What The Heck Is A Whitepaper??
Episode 36: Crypto Adoption And How To Spot A Crypto Scam
Episode 35: Please Keep All Hands And Feet Inside The Blockchain While In Motion
Episode 34: Is Privacy Driving Cryptocurrency?
Episode 33: Have The Bitcoin Bulls Returned? And What Is A Privacy Coin?
Episode 32: Bitcoin Boost, Masternode Mania, and Tax Free Crypto Biz
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