From No Crypto to Know Crypto
From No Crypto to Know Crypto
Blockchain Wayne
Episode 178: Stability and Simplicity In A Volatile Industry With Stably
32 minutes Posted Jan 22, 2024 at 1:37 am.
Introduction and Background
Stably's Journey and Challenges
Impact of Prime Trust's Bankruptcy
Rebuilding and Future Plans
StablyRamp and Fiat On/Off Ramp
Follow Stably and Coin98 Partnership
Conclusion and Future Outlook
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Show notes
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.
 
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