Working on #Fintech2.0 with @AnzensOfficial @EncryptusGlobal
United Arab Emirates
Joined February 2010
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@BitGo wallet infrastructure access is a strong supporting point for @AnzensOfficial and overall @Cardano ecosystem.
Incoming Web2- partners (NEO Bank and Remittance Co's) can now easily integrate into USDA
Stragtic announcements to follow shortly 🚀
We are thrilled to officially welcome $USDA to the BitGo platform as one of the first supported Cardano Native Tokens.
This integration provides institutions with a secure and gateway to engage with the Cardano DeFi ecosystem.
We were a little quiet for the past few months as we were working with regulators, locking in key strategic partnerships, integrating @AnzensOfficial USDA with local rails in one of Africa’s fastest-moving markets
Real-world utility for USDA on @Cardano has officially touched down.
Look at USDA on Cardano with a new style, with banks, with retail for mass adoption.
Stay tuned. 🌍⚡️
Users should not have to think about rails, settlement, or where liquidity sits.
Digital dollars should simply move across the products and payout paths they already use.
This framework assumes stablecoins primarily compete with domestic bank deposits, when much of the demand is driven by cross-border payments.
The distinction matters.
Migrant workers in the UK send more than £9bn abroad each year, often losing 6-8% of every transfer to correspondent banking fees and delays.
Stablecoins settle instantly, operate around the clock, and can dramatically reduce those costs.
Meanwhile, the £40bn issuance cap on sterling stablecoins keeps the infrastructure at pilot scale - while dollar stablecoins issued elsewhere are already supporting real remittance flows at scale.
The UK now stands alone among major jurisdictions in capping stablecoin issuance in its own currency.
That distinction will matter when payment networks and infrastructure providers decide where to invest and build.
As our CEO @Shantnoo6 points out in an article on @BlocksterCom, policymakers continue to focus on stablecoins as competitors to domestic bank deposits, when the real demand is being driven by cross-border payments.
blockster.com/bank-of-englan…
Great work @YoramBenzvi and team. We are excited to be working with you and your team soon.
THE POWER OF THE COMMUNITY
5am.earth proposal went through thank to the Cardano community.
Members we met along the way, and many we never met, showed up for this proposal. It brought incredible energy and reminded us all of the reason we joined Cardano in the first place.
The community reviewed the proposal, asked hard questions, pushed back on the numbers, and demanded clarity. We appreciate every piece of feedback and every concern raised, it makes us better.
There are many people to thank. Every action counted. Every message reposted, every like, every rationale written, every space that gave us a platform, every hard question asked, every criticism offered. All of it mattered. We are grateful to each and every one of you.
This was more than great teamwork. This was community work.
And with that comes responsibility, ours. The responsibility to keep delivering. To bring real value back to the chain and to the people who backed us. To prove on the main stage that Cardano can lead in real-world adoption and help disrupt the industries that need disrupting.
We have already come a long way. But this is just the beginning.
Let's make things happen.
5am.earth
p.s. I took this picture last year in the west of France (probably around 5am) - feeling grateful
This is the part that matters most.
Stablecoins are only useful if people can move from digital dollars into the financial rails they actually use.
Not in theory. In life. The real world.
Shantnoo Saxsena | Encryptus retweeted
Congratulations to Danogo on v2 launch!
Swap to and from USDA with ease with less slippage with Global Orderbooks.
With GLOBAL ORDERBOOK, Cardano does NOT have a fragmented stable coin problem! Swapping 10k USDM or 10k USDA or 10k USDCx to ADA give you almost the same results on Dano v2.
swap USDM-ADA will effective choose multiple orderbook routes, including USDM-USDA on Dano then USDA-ADA on Minswap.
similarly with USDCx or USDA, so there will not be stable coin monopoly on Cardano anymore!
#DeFiKernelRising
Shantnoo Saxsena | Encryptus retweeted
Respect @AnzensOfficial @Shantnoo6 Over time I truly believe your business model will prove successful and resilient. Keep building.
Congrats 💐 to USDM and USDCx for making it, and DeFi liquidity going to the market leaders. If this were majorly about ADA, USDA would have been there in top 2.
We will anyway keep moving forward in a way that helps the Cardano ecosystem. 😉 onward with the pilot, and maybe USDA will get a turn at the table someday.
@ElderM you have been an advocate and an early supporters of USDA.
Thank you @DanoFinance and we appreciate your support.
$280B is the flow between Africa and China. @AnzensOfficial secured banking and payment partnerships to start contributing right after a regulatory "Yes" (anytime)
"We need to not have just the technology"
Amid day to day advancements in fintech, @Shantnoo6 Saxsena (CEO, Encryptus and @AnzensOfficial ) says that governance and compliance should be given more care when blockchain is being used in digital finance.
Watch this excerpt from our Linkedin Live with Albert Wong (@osldotcom ), @Will_7th Liao (Money in Motion), @Yukiiiiiya Liu (@StableHunterAI ), @ChinaJoePan (Finternet)
Congrats 💐 to USDM and USDCx for making it, and DeFi liquidity going to the market leaders. If this were majorly about ADA, USDA would have been there in top 2.
We will anyway keep moving forward in a way that helps the Cardano ecosystem. 😉 onward with the pilot, and maybe USDA will get a turn at the table someday.
@ElderM you have been an advocate and an early supporters of USDA.
🚨 Cardano DeFi Liquidity Update 🚨
We have shortlisted 5 proposals from the 9 that have been submitted.
The shortlisted proposals are from:
@CswapDEX
@MinswapDEX
@VyFiOfficial
@wingriderscom
@DanoFinance
Notifications were sent out Sunday night, and proposers have until Monday June 21st to submit updated proposals.
As a part of this, we made the difficult decision to only use USDM and USDCx stablecoins. With the price of ADA, we decided to go with the market leaders in total on chain value. This was not an easy decision. The goal of this has always been to use this as a pilot and to submit subsequent treasury requests for additional funds, and we intend to do this in subsequent years to include USDA as well.
Even if your country doesn't support bank payouts, we have a solution for everyone.
With over 7,000 brands, you can spend your crypto at almost every major retailer globally.
This quoted post is unavailable.
Team @AnzensOfficial are inching closer to launch something truly exciting that will deliver real value of USDA on @Cardano for their day-to-day transactions.
Building real value and revenues is more critical than anything else. More to follow..
Access to dollars should be simpler, especially in markets where opening and maintaining a bank account is still a real barrier.
USDA is about making digital dollars usable through the wallets people already rely on.
Hold dollars without a dollar account.
For millions of people, getting access to dollar-denominated financial tools still depends on bank approval, paperwork, and local account access.
USDA changes the starting point: digital dollars held in an e-wallet, built for markets where traditional dollar accounts are not always within reach.
Good job Yoram and team. USDA and Encryptus are in 💯 % support...
5am.earth Treasury Proposal: Adoption - Checklist
✅ Hundreds of thousands of users
✅ Millions of on-chain transactions
✅ Millions in $ loans
✅ Multiple cardano applications
✅ Collaboration with multinationals
✅ Aligned with Cardano Vision 2030 KPIs
Here is the link, check it out !
gov.tools/governance_actions…
Share it with your DReps !!
5am.earth/
#Cardano #CardanoTreasury #5amearth
@YoramBenzvi @udaisolanki @ZengateGlobal @andamio_teams @IntersectMBO @SyngentaFndnInd @Cardano @AiquantTech
We meet our customers where they are.
E-wallet, bank account, crypto wallet.
It's your choice.
We're proud to work with @secondfiapp.
We're powering their off-ramp: crypto to bank accounts, mobile wallets, and gift cards across 100+ countries in two minutes, all under our licensing.
Genuinely impressed by what their team is building. Self-custody done right.
Welcome to the future, @EncryptusGlobal. 🟦
Send your money home. Cash out to a bank.
Top up a mobile wallet. Two minutes to 90+ countries.
Self-custody the whole way.
The future is onchain. SecondFi is how you get there.
🔗 secondfi.io/crypto-to-local-…
Join the waitlist: xitter.cf/secondfiapp/status/205…
Join the secondfi.io waitlist today and be first onchain, first across borders, first in control.
Grateful to @expert_payment for the platform.
A stablecoin at 98 INR when the dollar sits at 95 is not financial inclusion. It is the same problem in a new wrapper.
The industry needs to stop building for itself and start solving for the last mile.
@Shantnoo6 in @expert_payment this week on the gap between stablecoin adoption and real financial inclusion in Asia:
"If we are unable to pass on the benefit of technology to the end customer, how are we solving the problem?"
More 🧵
Seeing USDA become the bridge between KES and USD in the FusionFi wallet fills me with pride.
Providing real impact on the ground to those who can benefit from it the most. We are thrilled to announce the wallet will launch soon.
Waitlist: fusionfi.io
Our USDA stablecoin, now part of the FusionFi wallet built with our partners, Mam-Laka.
KES, USDA, USD in one place.
Send, swap, spend across East African corridors. Coming soon.
Waitlist: fusionfi.io
At Money20/20 Asia, @expert_payment asked: what is stopping cross-border payments from becoming truly frictionless?
Short answer: the rails.
Longer answer in the video. Thanks for having me.
linkedin.com/posts/paymentex…
