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When you send, like, a USD stablecoin to an emerging country, like, the biggest problem today is, one, how do you convert that to the local currency? And two, how do you, like, exchange that for, like, cash? Because a lot of these economies are very cash prevalent still. So even if you save a lot of cost in, like, sending the stablecoin, let's say, from The US to Mexico or whatever, then you still have the issue of what is the exchange rate between the stable coin and the Mexican peso, and how do you withdraw that without, like, incurring as much cost as you would with a normal, like, remittan
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said on Xerox Research is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Ryan, and our guests may hold positions in the company's funds or projects discussed.
Welcome back to another episode of Xerox Research. Today, I'm joined by Boccaccio as always and Carlos, our resident expert on Solana and all things related. How are we doing today, guys? Well,
are we
doing this tomorrow? Today, unfortunately. But what did you say?
Are we doing a Solana episode? No.
But that's just how I well, I don't have a nickname for Carlos, so I just call him a salon expert. We need a we need a nickname for him. You got any ideas?
I I shouldn't start testing them out on recording. I need to suspend. I don't have any. That's We'll
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